FuelCell Energy Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Group 1 - FuelCell Energy, Inc. is set to release its second-quarter earnings results on June 6, with analysts expecting a quarterly loss of $1.38 per share, an improvement from a loss of$2.1 per share in the same period last year [1] - The company is projected to report quarterly revenue of $32.42 million, up from$22.42 million a year earlier [1] - On April 30, FuelCell Energy appointed Mike Hill as the new Chief Commercial Officer, succeeding Mark Feasel [2] Group 2 - FuelCell Energy shares experienced a decline of 7.8%, closing at $5.20 [2] - Jefferies analyst Laurence Alexander maintained a Hold rating and reduced the price target from$15 to $8.4 [5] - UBS analyst Manav Gupta maintained a Neutral rating and lowered the price target from$15 to $13.75 [5] - Wells Fargo analyst Praneeth Satish maintained an Underweight rating and cut the price target from$30 to $5 [5]