Nice try, FuelCell Energy (FCEL) -- but no cigar. That's the upshot of yesterday's analysis of FuelCell's fiscal Q3 2021 earnings release from Oppenheimer analyst Colin Rusch. On the one hand, yes, FuelCell managed to eke out a small win over analyst expectations Tuesday, reporting $26.8 million in Q3 sales (versus Rusch's expected $21.1 million) and losing only $0.04 per share instead of the $0.05-per share loss predicted. But FuelCell's news apparently wasn't quite great enough to convince Rusch to raise his Perform (i.e. Hold) rating on FuelCell stock. Why not? Let's review: For fiscal Q3 2021, FuelCell Energy grew its sales 43.3% in comparison to Q3 2020.
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FuelCell Energy (NASDAQ:FCEL)
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