Clean Energy Fuels Corp reports results for the quarter ended in September 30 - Earnings Summary

• Clean Energy Fuels Corp CLNE.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of ten analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -11 cents to 1 cents per share.

• Revenue rose 9.7% to $104.88 million from a year ago; analysts expected $100.59 million.

• Clean Energy Fuels Corp's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $18.18 million.

• Clean Energy Fuels Corp shares had risen by 4.5% this quarter and lost 15.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 $5.13

This summary was machine generated from LSEG data November 7 at 02:20 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)