Clean Energy Fuels: Q4 Earnings Snapshot
NEWPORT BEACH, Calif. (AP) — NEWPORT BEACH, Calif. (AP) — Clean Energy Fuels Corp. (CLNE) on Monday reported a loss of $30.2 million in its fourth quarter.
The Newport Beach, California-based company said it had a loss of 13 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 7 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $109.3 million in the period.
For the year, the company reported a loss of $83.1 million, or 37 cents per share. Revenue was reported as $415.9 million.
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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
