* Clean Energy Fuels Corp reported a quarterly adjusted loss of 1 cent per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of eleven analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -14 cents to 1 cents per share.
* Revenue fell 21.5% to $103.71 million from a year ago; analysts expected $99.57 million.
* Clean Energy Fuels Corp's reported EPS for the quarter was a loss of 8 cents.
* The company reported a quarterly loss of $18.44 million.
* Clean Energy Fuels Corp shares had fallen by 11.6% this quarter and lost 38.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 33.3% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
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 $5.00 This summary was machine generated from LSEG data May 9 at 11:08 p.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
Mar. 31 2024 -0.04 -0.01 Beat
Dec. 31 2023 0.00 0.01 Beat
Sep. 30 2023 -0.02 0.00 Beat
Jun. 30 2023 -0.02 0.00 Beat
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