Clearway Energy Inc expected to post a loss of 88 cents a share - Earnings Preview

Clearway Energy

21/02/2023 16:46

* Clearway Energy Inc  CWENa.N   CWENa.K  is expected
to show a
fall in quarterly revenue when it reports  results on February
23. 
    * The Princeton New Jersey-based  company is expected to
report  a
0.5% decrease in revenue to $316.393 million from $318 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Clearway Energy Inc
is
for a loss of 88 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Clearway
Energy
Inc is $39​, above​ its last closing price of $31.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.29        0.34       0.28      Missed  -18.1
 Jun. 30 2022  0.47        0.46       4.89      Beat    958.4
 Mar. 31 2022  -0.05       -0.07      -0.28     Missed  -300​
 Dec. 31 2021  0.12        0.13       -0.07     Missed  -153
 ​​Sep.        0.73        0.74       0.18      Missed  -75.5
 30 2021                                                
 Jun. 30 2021  0.26        0.35       0.30      Missed  -14.3​
 Mar. 31 2021  -0.16       -0.15      0.03      Beat    119.7
 Dec. 31 2020  0.80        0.65       -0.21     Missed  -132.2
 This summary was machine generated February 21 at 16:46 GMT. 
All figures in US dollars  unless otherwise stated