Clearway Energy Inc reports results for the quarter ended in March - Earnings Summary

Clearway Energy

04/05/2023 14:33

* Clearway Energy Inc  CWENa.N  reported quarterly breakeven
results​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 37 cents per share.
    * Revenue rose 34.6% to $288.00 million from a year ago;
analysts
expected $250.81 million. 
    * Clearway Energy Inc's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had risen by
about 15.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Clearway Energy Inc shares had fallen by 5.2% this
quarter and
lost 4.8% so far this year.
    * The company reported break even results for the quarter.
    * Wall Street's median 12-month price target for Clearway
Energy
Inc is $37.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.37          0.00           Beat
 Dec. 31 2022      -0.88          0.10           Beat
 Sep. 30 2022      0.34           0.28           Missed
 Jun. 30 2022      0.46           4.89           Beat