FuelCell Energy Fourth Quarter Earnings Sneak Peek

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FuelCell Energy, Inc. (NASDAQ:FCEL) will unveil its latest earnings on Thursday, December 20, 2012. Fuelcell Energy is engaged in the development and production of stationary fuel cells for commercial, industrial, government and utility customers.

FuelCell Energy, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 5 cents per share, a narrower loss from the year-earlier quarter net loss of 6 cents. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.

Past Earnings Performance: The company has missed estimates in the last two quarters. In the third quarter, it missed the mark by 2 cents as a result of reporting net loss of 6 cents against an estimate of a loss of 4 cents per share. In the second quarter, the company fell short of forecasts by one cent.

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A Look Back: In the third quarter, the company’s loss widened to a loss of a $9.9 million (6 cents a share) from a loss of $7.8 million (7 cents) a year earlier, missing analyst expectations. Revenue fell 4.7% to $29.7 million from $31.2 million.

Wall St. Revenue Expectations: Analysts predict a decline of 11.4% in revenue from the year-earlier quarter to $30.8 million.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.69 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

Key Stats:

On the top line, the company is hoping to use this earnings announcement to snap a string of two-straight quarters of revenue declines. Revenue fell 15.6% in the second quarter and dropped again in the third quarter.

Analyst Ratings: There are mostly holds on the stock with three of five analysts surveyed giving that rating.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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