Analysts are expecting the integrated fuel cell company, which designs, manufactures, sells, and installs stationary fuel cell power plants, to report an earnings per share loss of 2 cents, on revenue of $52.87 million for the latest quarter.
Shares of FuelCell Energy are falling by 6.80% to $1.51 in late morning trading on Monday.
For the same period last year FuelCell posted an adjusted net loss of 5 cents per basic and diluted share, on total revenue of $55.2 million.
Separately, TheStreet Ratings team rates FUELCELL ENERGY INC as a Sell with a ratings score of D-. TheStreet Ratings Team has this to say about their recommendation:
"We rate FUELCELL ENERGY INC (FCEL) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself."
Highlights from the analysis by TheStreet Ratings Team goes as follows: