Investing.com - Fuel Tech (NASDAQ:FTEK) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fuel Tech announced earnings per share of $0.010 on revenue of $8.02M. Analysts polled by Investing.com anticipated EPS of $-0.010 on revenue of $7.37M.
Fuel Tech shares are down 16% from the beginning of the year, still down 46.37% from its 52 week high of $2.35 set on November 12, 2021.
Fuel Tech follows other major Industrials sector earnings this month
Fuel Tech's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar