Clean Energy Fuels Earnings Preview

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Clean Energy Fuels CLNE unveils its next round of earnings this Thursday, August 06. Get prepared with Benzinga's ultimate preview for Clean Energy Fuels's Q2 earnings.

Earnings and Revenue

Wall Street expects an EPS loss of $0.03 and sales around $59.85 million. In the same quarter last year, Clean Energy Fuels posted a loss of $0.020 per share on sales of $72.32 million. The analyst consensus estimate would represent a 50.0% decrease in the company's earnings. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.01 0.16 -0.02 -0.02
EPS Actual -0.01 0.21 -0.02 -0.02
Revenue Estimate 73.60 M 108.63 M 78.30 M 82.00 M
Revenue Actual 86.01 M 119.61 M 74.43 M 72.32 M

Stock Performance

Over the last 52-week period, shares are up 0.33%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Clean Energy Fuels is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/b25e295b

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