“Unclean! Unclean!” That was the refrain heard across Wall Street this morning after Clean Energy Fuels (NASDAQ: CLNE) reported a big $0.62 per-share loss for the fiscal third quarter — far worse than the $0.13 per-share loss that analysts had anticipated. Clean Energy’s $81.8 million in Q3 revenue likewise fell short of Wall Street’s predicted $84.2 million.
As of 12:20 p.m. EDT, Clean Energy Fuels stock was trading down 14.6%.
Natural gas sure is pretty. Sadly, Clean Energy stock’s earnings results were not. Image source: Getty Images.