Opal Fuels Inc reports results for the quarter ended in June - Earnings Summary

Opal Fuels

09/08/2023 23:45

* Opal Fuels Inc  OPAL.OQ  reported a quarterly adjusted
loss of 6
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for breakeven
results per share.
    * Revenue was $55.04 million​; analysts expected $60.86
million. 
    * Opal Fuels Inc's reported EPS for the quarter was 66
cents​.
    * The mean earnings estimate of analysts had risen by
about 122.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Opal Fuels Inc shares had risen by 3.5% this quarter and
gained 6.0% so far this year.
    * The company reported quarterly net income of $17.92
million.
    * Wall Street's median 12-month price target for Opal Fuels
Inc is
$13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.00           -0.06          Missed
 Mar. 31 2023      -0.01          -0.06          Missed
 Dec. 31 2022      0.10           0.17           Beat
 Sep. 30 2022      0.20           -0.04          Missed