Clean Energy Fuels Q4 2023 Adj EPS $0.01 Beats undefined Estimate, Sales $106.86M Beat $105.49M Estimate
Portfolio Pulse from Benzinga Newsdesk
Clean Energy Fuels (CLNE) reported Q4 2023 adjusted EPS of $0.01, beating the undefined analyst consensus estimate. Quarterly sales were $106.86M, surpassing the $105.49M estimate but marking a 6.06% decrease from the previous year.
February 27, 2024 | 10:02 pm
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Clean Energy Fuels reported a Q4 2023 adjusted EPS of $0.01, outperforming estimates, and sales of $106.86M, exceeding expectations but showing a year-over-year decline.
The positive earnings surprise and sales beating estimates are likely to be viewed favorably by investors, potentially leading to a short-term uptick in CLNE's stock price. However, the year-over-year sales decline may temper some of the positive sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100