Clean Energy Fuels (CLNE) Reports In-Line Q1 EPS

Clean Energy Fuels (NASDAQ: CLNE) reported Q1 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $77.1 million versus the consensus estimate of $75.51 million.

Andrew J. Littlefair, Clean Energy’s President and Chief Executive Officer, stated, “I’m very pleased with our first quarter results given the lingering impacts of COVID 19, and expect our performance to improve as the economy and commerce continues to gradually open up. Our strategy to make Clean Energy synonymous with RNG took a big leap forward with the announcement of our fuel agreement with Amazon to supply them with RNG that could represent hundreds of millions of gallons of the ultra-clean fuel. Furthermore, we continue to make great progress on expanding our supply of RNG by formalizing joint ventures with two progressive energy companies, Total and bp, to develop additional RNG at agricultural facilities.”

For earnings history and earnings-related data on Clean Energy Fuels (CLNE) click here.

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