Clean Energy Fuels (CLNE) Expected to Announce Earnings on Monday

Clean Energy Fuels (NASDAQ:CLNE - Get Free Report) is projected to issue its Q4 2024 quarterly earnings data after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $102.60 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Clean Energy Fuels (NASDAQ:CLNE - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The utilities provider reported $0.02 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.04. Clean Energy Fuels had a negative return on equity of 7.59% and a negative net margin of 17.32%. The business had revenue of $109.33 million during the quarter, compared to the consensus estimate of $102.60 million. During the same quarter in the prior year, the company posted $0.01 earnings per share. On average, analysts expect Clean Energy Fuels to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Clean Energy Fuels Trading Down 25.5 %

CLNE traded down $0.69 during midday trading on Tuesday, reaching $2.02. 15,840,029 shares of the company were exchanged, compared to its average volume of 3,052,368. The stock has a market capitalization of $451.38 million, a P/E ratio of -6.52 and a beta of 2.18. Clean Energy Fuels has a one year low of $1.81 and a one year high of $3.67. The stock's 50-day simple moving average is $2.93 and its 200 day simple moving average is $2.94. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.74 and a current ratio of 3.06.

Wall Street Analyst Weigh In

Several equities research analysts have commented on CLNE shares. Raymond James reaffirmed a "strong-buy" rating and issued a $4.00 target price (down previously from $5.00) on shares of Clean Energy Fuels in a research note on Tuesday. StockNews.com raised Clean Energy Fuels from a "sell" rating to a "hold" rating in a research note on Tuesday, February 4th.

Clean Energy Fuels Company Profile

Clean Energy Fuels Corp. provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations.