FCEL Earnings Prediction
The chart below shows how FCEL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FCEL sees a +2.24% change in stock price 10 days leading up to the earnings, and a -3.10% change 10 days following the report. On the earnings day itself, the stock moves by -2.97%. This data can give you a slight idea of what to expect for the next quarter's release.
FCEL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
49.33M
119.60%
108.17%
Gross Margin
-21.73%
233.28%
0.93%
Operating Margin
-77.59%
-52.09%
-43.46%
Net Margin
-80.28%
-38.79%
-45.84%
EPS
-2.21
-3057.14%
3057.14%
No Data Available
FCEL Earnings Analysis
FuelCell Energy Inc NEW (DE) Corporation (FCEL.O) Earnings Conference Call
Positive
Revenue Increase Announcement: Fuel Cell Energy reported total revenues of $49.3 million for the fourth quarter of fiscal year 2024, compared to $22.5 million in the fourth quarter of fiscal year 2023, marking a 120% increase.
Quarterly Product Revenue Surge: Product revenues for the fourth quarter increased to $25.4 million compared to $10.5 million in the prior-year quarter, driven primarily by $18 million of revenue recognized under the long-term service agreement with GGE for the replacement of six fuel cell modules.
Strong Cash Position: The company ended the fourth quarter with $318 million of cash, cash equivalents, and short-term investments, positioning it well for future growth investments.
Financing for Working Capital: The company secured financing from the Export-Import Bank of the United States, providing approximately $9.2 million of net proceeds, which supports working capital for initial module deliveries.
Backlog Increase Analysis: The company ended the fiscal year with a backlog of approximately $1.16 billion, an increase of approximately 13.1% compared to the backlog as of October 31, 2023.
Negative
Quarterly Net Loss Comparison: Net loss was $39.6 million in the fourth quarter of fiscal year 2024 compared to a net loss of $29.5 million in the fourth quarter of fiscal year 2023.
Net Loss Per Share: The resulting net loss per share attributable to common stockholders in the fourth quarter of fiscal year 2024 was negative $2.21 compared to negative $2.07 in the fourth quarter of fiscal year 2023.
Adjusted EBITDA Comparison: Adjusted EBITDA totaled negative $25.3 million in the fourth quarter of fiscal year 2024 compared to an adjusted EBITDA of negative $30.8 million in the fourth quarter of fiscal year 2023.
Quarterly Gross Loss Comparison: Gross loss for the fourth quarter of fiscal year 2024 totaled negative $10.9 million compared to a gross loss of negative $1.5 million in the comparable prior-year quarter.
Increased Generation Costs: The company had higher generation cost of sales during the fourth quarter of fiscal year 2024 as it recorded a derivative loss of $1.8 million compared to a derivative gain of $4.1 million in the prior-year quarter.
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FCEL Earning Call Sentiment
FuelCell Energy, Inc. (FCEL) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
FCEL.O
-7.02%Positive
The earnings call highlights strong revenue growth and improved EBITDA, but also increased net losses and lack of clear guidance on breakeven levels. Positive developments include a large backlog and strategic agreements, but concerns about margins and financial health persist. The Q&A revealed some optimism but lacked clarity on key financial metrics. Overall, the mixed signals suggest a neutral stock price reaction.