Clean Energy Fuels Corp expected to post a loss of 4 cents a share - Earnings Preview

Clean Energy Fuels

08/05/2024 03:55

* Clean Energy Fuels Corp  CLNE.OQ   CLNE.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 9 for
the period ending March 31 2024
    * The Newport Beach California-based  company is expected to
report a 24.7% decrease in revenue to $99.572 million from
$132.18 million a year ago, according to the mean estimate from
7 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Clean Energy Fuels Corp
is for
a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Clean
Energy
Fuels Corp is $5.00​, above​ its last closing price of $2.37.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.02        0.00       0.01      Beat    350.5
 Sep. 30 2023  0.00        -0.02      0.00      Beat    100
 Jun. 30 2023  -0.02       -0.02      0.00      Beat    100​
 Mar. 31 2023  -0.03       -0.04      -0.07     Missed  -59.1
 ​​Dec.        0.01        0.01       0.01      Met     12.5
 31 2022                                                
 Sep. 30 2022  0.04        0.03       0.06      Beat    81.2​
 Jun. 30 2022  -0.03       -0.03      0.00      Beat    100
 Jan. 1 0001   -0.01       -0.01      -0.05     Missed  -233.3
 This summary was machine generated May 8 at 02:55 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)