Education
About Us
Working with TipRanks
Follow Us
Clean Energy Fuels (CLNE)
NASDAQ:CLNE
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.15Last Year’s EPS
-0.01Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 24, 2025
|% Change Since: -24.72%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive results in terms of revenue growth and RNG sales, but also highlighted challenges such as a significant GAAP net loss, a reduced outlook for 2025 EBITDA, and potential operational changes. The adoption of the Cummins X15N engine provides a positive outlook for future growth, yet uncertainties in policy and credit support remain significant concerns.Company Guidance
During the Clean Energy Fuels Fourth Quarter 2024 Earnings Conference Call, the company provided several key metrics and guidance for 2025. They reported selling 62 million gallons of renewable natural gas (RNG) in Q4 2024, a 9% year-over-year increase, contributing to a total of 237 million gallons sold in the full year. Revenue for Q4 reached $109 million, with an adjusted EBITDA of $24 million, and $77 million for the full year. For 2025, they anticipate 246 million gallons of RNG sales, with a projected adjusted EBITDA between $50 million to $55 million, down from 2024 due to not including the alternative fuel tax credit (AFTC) and lower RIN prices, which together accounted for a $34 million decrease. The company also highlighted a strong balance sheet with $217 million in unrestricted cash and investments and $129 million in cash off-balance sheet in their RNG joint ventures. They are planning a capital expenditure of $30 million for 2025, with $104 million earmarked for RNG upstream projects. The guidance also noted the potential exit from 55 Pilot Flying J locations and the impact of the new Cummins X15N engine on future growth, with an expected 3 to 5 million gallons of fuel attributed to its adoption by over 25 fleets in 2025.Strong Fourth Quarter Results
Closed the fourth quarter with 62 million gallons of RNG sold, a 9% increase from a year ago, generating $109 million in revenue and $24 million of adjusted EBITDA.
Full Year 2024 Performance
Sold 237 million gallons of RNG for the full year 2024, marking a nearly 5% increase over 2023, with $77 million in adjusted EBITDA.
Downstream RNG Fueling Business Success
Generated almost $89 million of EBITDA from the downstream RNG fueling business in 2024, even before the introduction of the new X15 engine.
Adoption of Cummins X15N Engine
Positive feedback and initial orders from fleets such as Food Express, Cemex, Mullen, and FedEx for the new Cummins X15N engine, indicating future growth potential.
---
CLNE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CLNE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 24, 2025 | $2.71 | $2.02 | -25.46% |
| Nov 06, 2024 | $3.25 | $3.26 | +0.31% |
| Aug 07, 2024 | $2.42 | $2.97 | +22.73% |
| May 09, 2024 | $2.41 | $2.49 | +3.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Clean Energy Fuels (CLNE) report earnings?
Clean Energy Fuels (CLNE) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Clean Energy Fuels (CLNE) earnings time?
Clean Energy Fuels (CLNE) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLNE EPS forecast?
CLNE EPS forecast for the fiscal quarter 2025 (Q1) is -0.15.
---