Clearway Energy Inc expected to post earnings of 6 cents a share - Earnings Preview

Clearway Energy

21/02/2025 21:46

* Clearway Energy Inc  CWENa.N   CWENa.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
24 for the period ending December 31 2024
    * The Princeton New Jersey-based  company is expected to
report a
18.1% increase in revenue to $294.08 million from $249 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Clearway Energy Inc is
for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"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 $34.00​, above​ its last closing price of $25.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.43        0.53       0.31      Missed  -41.9
 Jun. 30 2024  0.73        0.76       0.43      Missed  -43.7
 Mar. 31 2024  -0.28       -0.25      -0.02     Beat    91.9​
 Dec. 31 2023  0.14        0.04       0.31      Beat    726.7
 ​​Sep.        0.62        0.66       0.03      Missed  -95.4
 30 2023                                                
 Jun. 30 2023  0.61        0.60       0.33      Missed  -45.2​
 Mar. 31 2023  -0.37       -0.37      0.00      Beat    100
 Dec. 31 2022  -0.49       -0.88      0.10      Beat    111.4
 This summary was machine generated February 21 at 21:46 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)