| Clean Energy Fuels reports 1Q loss | |
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NEWPORT BEACH, Calif. (AP) _ Clean Energy Fuels Corp. (CLNE) on Monday reported a loss of $31.1 million in its first quarter.
On a per-share basis, the Newport Beach, California-based company said it had a loss of 34 cents. Losses, adjusted for one-time gains and costs, came to 32 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $85.8 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $95.4 million.
Clean Energy Fuels shares have increased 77 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.84, a fall of 10 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLNE at http://www.zacks.com/ap/CLNE
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Keywords: Clean Energy Fuels, Earnings Report
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Clean Energy Fuels
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CODE : CLNE |
ISIN : US1844991018 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Clean Energy is based in United states of america. Clean Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 465.3 millions as of today (€ 418.3 millions). Its stock quote reached its highest recent level on September 05, 2014 at US$ 9.99, and its lowest recent point on March 13, 2020 at US$ 1.05. Clean Energy has 151 085 558 shares outstanding. |