Yahoo Finance Clean Energy Fuels Third Quarter 2022 Earnings: EPS Misses Expectations
Clean Energy Fuels (NASDAQ:CLNE) Third Quarter 2022 Results
Key Financial Results
Revenue: US$125.7m (up 46% from 3Q 2021).
Net loss: US$8.97m (loss widened by 128% from 3Q 2021).
US$0.04 loss per share (further deteriorated from US$0.018 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Clean Energy Fuels EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 6.5% decline forecast for the Oil and Gas industry in the US.
Performance of the American Oil and Gas industry.
The company's shares are up 8.7% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Clean Energy Fuels' balance sheet health.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
