Clearway Energy (CWEN) Q1 Earnings Surpass Estimates, Sales Lag [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
CWEN recorded a first-quarter 2024 loss of 2 cents per share, which surpassed the Zacks Consensus Estimate of a loss of 27 cents. In the year-ago quarter, the company reported break-even earnings. Revenues Total revenues of $263 million missed the Zacks Consensus Estimate of $270 million by 2.6%. The top line also declined 8.7% from the year-ago quarter's figure of $288 million. Clearway Energy, Inc. Price, Consensus and EPS Surprise Clearway Energy, Inc. price-consensus-eps-surprise-chart | Clearway Energy, Inc. Quote Highlights of the Release Adjusted EBITDA for the quarter totaled $211 million compared with $218 million in the year-ago period. The company signed agreements with Clearway Group to commit to invest in 55-megawatt (MW) of wind and 257 MW of solar plus storage projects. On May 6, 2024, CWEN contracted with a load-serving entity to sell approximately 97 MW of Resource Adequacy, commencing in January 2027 and ending in December 2027. Total operating costs
Show less
Read more
Impact Snapshot
Event Time:
CWEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CWEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CWEN alerts
High impacting Clearway Energy, Inc. Class C news events
Weekly update
A roundup of the hottest topics
CWEN
News
- Clearway Energy, Inc. (NYSE: CWEN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Clearway Energy, Inc. (NYSE: CWEN) had its price target raised by analysts at Evercore ISI from $25.00 to $30.00. They now have an "outperform" rating on the stock.MarketBeat
- Clearway Energy, Inc. (NYSE: CWEN) had its price target raised by analysts at Roth Mkm from $29.00 to $30.00. They now have a "buy" rating on the stock.MarketBeat
- Clearway Energy First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Clearway Energy, Inc. Reports First Quarter 2024 Financial ResultsGlobeNewswire
CWEN
Earnings
- 5/9/24 - Beat
CWEN
Analyst Actions
- 5/14/24 - Evercore ISI Group
CWEN
Sec Filings
- 5/29/24 - Form 4
- 5/29/24 - Form 4
- 5/22/24 - Form 4
- CWEN's page on the SEC website