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

Clean Energy Fuels

09/08/2023 22:39

* Clean Energy Fuels Corp  CLNE.OQ  reported quarterly
breakeven
results​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue fell 6.9% to $90.55 million from a year ago;
analysts
expected $102.56 million. 
    * Clean Energy Fuels Corp's reported EPS for the quarter was
a
loss of 7 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Clean Energy Fuels Corp shares had fallen by 8.7% this
quarter and lost 12.9% so far this year.
    * The company reported a quarterly loss of $16.3 million.
    * Wall Street's median 12-month price target for Clean
Energy
Fuels Corp is $7.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:39 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          0.00           Beat
 Mar. 31 2023      -0.04          -0.07          Missed
 Dec. 31 2022      0.01           0.01           Met
 Sep. 30 2022      0.03           0.06           Beat