Clean Energy Fuels: Q3 Earnings Snapshot
NEWPORT BEACH, Calif. (AP) — NEWPORT BEACH, Calif. (AP) — Clean Energy Fuels Corp. (CLNE) on Thursday reported a loss of $25.8 million in its third quarter.
The Newport Beach, California-based company said it had a loss of 12 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to less than 1 cent on a per-share basis.
The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $95.6 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $109.9 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
