Clean Energy Fuels (CLNE) Beats Q2 Earnings Estimates

Clean Energy Fuels (CLNE) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 125%. A quarter ago, it was expected that this provider of natural gas as an alternative fuel for vehicle fleets would post a loss of $0.03 per share when it actually produced a loss of $0.01, deliv ...