Clean Energy Fuels Corp reports results for the quarter ended March 31 - Earnings Summary

• Clean Energy Fuels Corp CLNE.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of eight analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -29 cents to -2 cents per share.

• Revenue rose 0.1% to $103.76 million from a year ago; analysts expected $97.97 million.

• Clean Energy Fuels Corp's reported EPS for the quarter was a loss of 60 cents​.

• The company reported a quarterly loss of $134.97 million.

• Clean Energy Fuels Corp shares had risen by 3.2% this quarter and lost 36.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 333.8% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 $4.00

This summary was machine generated from LSEG data May 8 at 10:37 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)