The chart below shows how CLNE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CLNE sees a +1.85% change in stock price 10 days leading up to the earnings, and a -1.58% change 10 days following the report. On the earnings day itself, the stock moves by -0.60%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Earnings Per Share Beat: Clean Energy Fuels Corp. reported an EPS of $0.02, beating expectations of $-0.02.
Renewable Gas Sales Increase: In Q4 2024, the company sold 62 million gallons of renewable natural gas, a 9% increase from the previous year.
Q4 Revenue Generation: The company generated $109 million in revenue for Q4 2024.
Adjusted EBITDA Achievement: Clean Energy Fuels Corp. achieved $24 million in adjusted EBITDA for Q4 2024.
RNG Sales Increase: For the full year 2024, the company sold 237 million gallons of RNG, marking a nearly 5% increase over 2023.
Adjusted EBITDA Performance: The company reported $77 million of adjusted EBITDA for the full year 2024.
RNG Transportation Fuel Growth: 2024 marked a decade since Clean Energy first introduced RNG as a transportation fuel, highlighting significant growth in the industry.
Negative
Modest EPS Performance: Despite beating earnings expectations, the company reported only a modest EPS of $0.02, which indicates limited profitability.
Revenue vs. Operational Costs: The revenue of $109 million in Q4 2024, while an increase, may not be sufficient to cover operational costs and investments needed for growth.
Adjusted EBITDA Challenges: The adjusted EBITDA of $24 million, although positive, suggests that the company is still facing challenges in achieving higher profitability margins.
RNG Sales Growth Challenges: The increase in RNG sales by 9% in Q4 and 5% for the full year may not be enough to offset the competitive pressures and market volatility in the clean energy sector.
Future Performance Risks: The company highlighted risks and uncertainties in their forward-looking statements, indicating potential challenges ahead that could impact future performance.
Clean Energy Fuels Corp. (NASDAQ:CLNE) Q4 2024 Earnings Call Transcript
CLNE.O
1.95%