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Stock impact report

Clearway Energy (CWEN) Beats Q4 Earnings Estimates [Yahoo! Finance]

Clearway Energy, Inc. Class C (CWEN) 
Last clearway energy, inc. class c earnings: 11/6 06:32 am Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company created by NRG Energy to acquire and operate natural gas, solar and wind plants would post earnings of $0.55 per share when it actually produced earnings of $0.03, delivering a surprise of -94.55%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Clearway Energy , which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $249 million for the quarter ended December 2023, missing the Zacks Consensus Estimate by 12.18%. This compares to year-ago revenues of $268 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mos Show less Read more
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