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Stock impact report

ReNew Energy Global PLC (RNW) Reports Q3 Loss, Tops Revenue Estimates [Yahoo! Finance]

ReNew Energy Global plc - Class A Shares (RNW) 
Company Research Source: Yahoo! Finance
This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.11, delivering a surprise of 83.33%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. ReNew Energy Global PLC , which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $232 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 18.43%. This compares to year-ago revenues of $194 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 mostly depend on management's commentary on the earnings call. ReNew En Show less Read more
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