Opal Fuels reports Q1 EPS 1c, two estimates 11c

Reports Q1 revenue $85.4M, consensus $82.24M. “First quarter results were in-line with expectations as we continue to execute on our strategic and operational goals and we are on track to achieve our full year outlook set in March,” said Adam Comora, co-CEO. “Despite the uncertainties arising from the macro and policy environment, our operations remain solid and industry fundamentals continue to make RNG an attractive sector long-term. Capturing and converting methane emissions from organic waste is readily acknowledged as an effective and attractive option to decarbonize the Class 8 truck market today.”