Clean Energy Fuels Corp reports results for the quarter ended in December - Earnings Summary

Clean Energy Fuels

28/02/2024 24:09

* Clean Energy Fuels Corp  CLNE.OQ  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter ended in
December, identical to the same quarter last year.  The mean
expectation of eleven analysts for the quarter was for breakeven
results per share. Wall Street expected results to range from
-13 cents to 4 cents per share.
    * Revenue fell 6.1% to $106.86 million from a year ago;
analysts
expected $105.49 million. 
    * Clean Energy Fuels Corp's reported EPS for the quarter was
a
loss of 8 cents​.
    * The company reported a quarterly loss of $18.69 million.
    * Clean Energy Fuels Corp shares had fallen by 22.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 60.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the oil & gas
refining
and marketing peer group is also "buy"

Wall Street's median 12-month price target for Clean Energy
Fuels Corp is $6.75 
This summary was machine generated from LSEG data February 28 at
12:08 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.00           0.01           Beat
 Sep. 30 2023      -0.02          0.00           Beat
 Jun. 30 2023      -0.02          0.00           Beat
 Mar. 31 2023      -0.04          -0.07          Missed