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

Clearway Energy

02/11/2022 13:33

* Clearway Energy Inc  CWENa.N  reported quarterly adjusted
earnings of 28 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 34 cents per share.
    * Revenue fell 3.1% to $340.00 million from a year ago;
analysts
expected $404.47 million. 
    * Clearway Energy Inc's reported EPS for the quarter was 28
cents​.
    * The mean earnings estimate of analysts had risen by
about 6.9%
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 risen by 11.7% this
quarter and
lost 2.9% so far this year.
    * The company reported quarterly net income of $32 million.
    * Wall Street's median 12-month price target for Clearway
Energy
Inc is $39.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.34           0.28           Missed
 Jun. 30 2022      0.46           4.89           Beat
 Mar. 31 2022      -0.07          -0.28          Missed
 Dec. 31 2021      0.13           -0.07          Missed