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

Clean Energy Fuels

09/05/2023 23:22

* Clean Energy Fuels Corp  CLNE.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in March. The
mean expectation of eleven analysts for the quarter was for a
loss of 4 cents per share.
    * Revenue rose 58.3% to $132.18 million from a year ago;
analysts
expected $97.47 million. 
    * Clean Energy Fuels Corp's reported EPS for the quarter was
a
loss of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 214.3% in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Clean Energy Fuels Corp shares had fallen by 1.4% this
quarter and lost 17.3% so far this year.
    * The company reported a quarterly loss of $38.7 million.
    * Wall Street's median 12-month price target for Clean
Energy
Fuels Corp is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:22 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.04          -0.07          Missed
 Dec. 31 2022      0.01           0.01           Met
 Sep. 30 2022      0.03           0.06           Beat
 Jun. 30 2022      -0.03          0.00           Beat