| Clean Energy Fuels reports 2Q loss | |
| | |
|
NEWPORT BEACH, Calif. (AP) _ Clean Energy Fuels Corp. (CLNE) on Wednesday reported a loss of $30 million in its second quarter.
On a per-share basis, the Newport Beach, California-based company said it had a loss of 33 cents. Losses, adjusted for stock option expense and non-recurring costs, were 29 cents per share.
The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for a loss of 29 cents per share.
The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $86.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $96.2 million.
Clean Energy Fuels shares have climbed 14 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.68, a drop of 41 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLNE at http://www.zacks.com/ap/CLNE
_____
Keywords: Clean Energy Fuels, Earnings Report
|
|
|
Clean Energy Fuels
|
|
|
CODE : CLNE |
ISIN : US1844991018 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Clean Energy is based in United states of america. Clean Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 477.3 millions as of today (€ 429.0 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. |