Clearway Energy Inc expected to post earnings of 53 cents a share - Earnings Preview

Clearway Energy

28/10/2024 13:04

* Clearway Energy Inc  CWENa.N   CWENa.K  is expected
to show a
rise in quarterly revenue when it reports  results on October 30
for the period ending September 30 2024
    * The Princeton New Jersey-based  company is expected to
report a
11.8% increase in revenue to $414.845 million from $371 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Clearway Energy Inc is
for
earnings of 53 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"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 33.00​, above​ its last closing price of $24.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.73        0.76       0.43      Missed  -43.7
 Mar. 31 0001  -0.28       -0.25      -0.02     Beat    91.9
 Dec. 31 2023  0.14        0.04       0.31      Beat    726.7​
 Sep. 30 2023  0.62        0.66       0.03      Missed  -95.4
 ​​Jun.        0.61        0.60       0.33      Missed  -45.2
 30 2023                                                
 Mar. 31 2023  -0.37       -0.37      0.00      Beat    100​
 Dec. 31 2022  -0.49       -0.88      0.10      Beat    111.4
 Sep. 30 2022  0.29        0.34       0.28      Missed  -18.1
 This summary was machine generated October 28 at 13:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)