Clean Energy Fuels Q2 Sales $90.55M Miss $102.56M Estimate
Portfolio Pulse from bharat@benzinga.com
Clean Energy Fuels (NASDAQ:CLNE) reported Q2 sales of $90.55 million, missing the analyst consensus estimate of $102.56 million by 11.71 percent. This represents a 6.87 percent decrease from the same period last year.
August 09, 2023 | 8:27 pm
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NEGATIVE IMPACT
Clean Energy Fuels' Q2 sales missed the analyst consensus estimate by 11.71%, a decrease of 6.87% YoY.
Clean Energy Fuels' Q2 sales fell short of analyst expectations, which is typically a negative signal to investors and can lead to a decrease in stock price. The year-over-year decrease in sales further compounds this negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100