Clean Energy Fuels: Q4 Earnings Snapshot

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NEWPORT BEACH, Calif. (AP) — NEWPORT BEACH, Calif. (AP) — Clean Energy Fuels Corp. (CLNE) on Tuesday reported a loss of $18.7 million in its fourth 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, were 1 cent per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The provider of natural gas as an alternative fuel for vehicle fleets posted revenue of $106.9 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $106.5 million.

For the year, the company reported a loss of $99.5 million, or 45 cents per share. Revenue was reported as $425.2 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

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