Clean Energy Fuels, in the Spotlight Soon

Updated

Clean Energy Fuels (NAS: CLNE) is expected to report Q2 earnings on Aug. 6. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Clean Energy Fuels's revenues will grow 15.9% and EPS will remain in the red.

The average estimate for revenue is $80.1 million. On the bottom line, the average EPS estimate is -$0.18.


Revenue details
Last quarter, Clean Energy Fuels logged revenue of $73.6 million. GAAP reported sales were 13% higher than the prior-year quarter's $65.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.16. GAAP EPS were -$0.37 for Q1 versus -$0.14 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 24.1%, 400 basis points worse than the prior-year quarter. Operating margin was -24.2%, 1,360 basis points worse than the prior-year quarter. Net margin was -43.3%, 2,840 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $350.9 million. The average EPS estimate is -$0.65.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,580 members out of 1,635 rating the stock outperform, and 55 members rating it underperform. Among 268 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 248 give Clean Energy Fuels a green thumbs-up, and 20 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Clean Energy Fuels is hold, with an average price target of $21.00.

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The article Clean Energy Fuels, in the Spotlight Soon originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Clean Energy Fuels. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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