The 5 Most Important Numbers From Clean Energy Fuels Corp. Earnings
Natural gas refueling station builder and operator Clean Energy Fuels Corp. (NASDAQ: CLNE) has proven a difficult company for many investors to follow and measure. With a regular history of reporting GAAP losses and revenues that can be up or down from quarter to quarter, it can be easy to just assume it's a money-losing venture with weak prospects. When you add in that its business is selling natural gas as a transportation fuel alternative to gasoline and diesel while renewables such as electric and hydrogen get all the press, it's been a difficult road for investors over the past few years.
However, because of the nature of the company's business, revenue and even GAAP earnings results don't tell the whole story. To be frank, they can actually take a relatively good quarter and make it look like a garbage fire -- and that's exactly what happened when the company reported third-quarter results on Nov. 2 after market close. Let's take a look at what's happening with the business, five numbers investors need to be aware of, and the ones that matter the most.
Image source: Clean Energy Fuels Corp.
Source: Fool.com
Clean Energy Fuels Corp. Stock
Our community is currently high on Clean Energy Fuels Corp. with 5 Buy predictions and 2 Sell predictions.
As a result the target price of 5 € shows a very positive potential of 78.57% compared to the current price of 2.8 € for Clean Energy Fuels Corp..
