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Clean Energy Fuels: Q3 Earnings Snapshot
By AP News - Nov 06, 2024, 05:23 PM ET
Last Updated - Dec 16, 2024, 05:37 PM EST
NEWPORT BEACH, Calif. (AP) — NEWPORT BEACH, Calif. (AP) — Clean Energy Fuels Corp. (CLNE) on Wednesday reported a loss of $18.2 million in its third quarter.
The Newport Beach, California-based company said it had a loss of 8 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 2 cents per share.
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The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $104.9 million in the period.
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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 https://www.zacks.com/ap/CLNE
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