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Stock impact report

Clearway Energy (CWEN) Q4 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 fourth-quarter 2023 earnings of 32 cents per share, which surpassed the Zacks Consensus Estimate of 16 cents by 100%. The bottom line also improved 220% from the year-ago quarter's level of 10 cents. Full-year 2023 earnings were 67 cents per share, down 86.6% from the previous year's level of $4.99. Revenues Total revenues of $249 million missed the Zacks Consensus Estimate of $284 million by 12.2%. The top line also declined 7.1% from the year-ago quarter's figure of $268 million. Full-year 2023 revenues totaled $1.31 billion, up 10.1% from the previous year's $1.19 billion. 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 $201 million compared with $212 million in the year-ago period. The company signed contracts in the last twelve months, ensuring that 42% of the Resource Adequacy for Marsh La Show less Read more
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