ReNew Energy Global PLC (RNW) Reports Q3 Loss, Lags Revenue Estimates

分组1 - ReNew Energy Global PLC reported a quarterly loss of $0.11 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.04, and compared to a loss of $0.10 per share a year ago, indicating an earnings surprise of -175% [1] - The company posted revenues of $248 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.34%, but showing an increase from year-ago revenues of $232 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates only once, while it has topped consensus revenue estimates two times [2] 分组2 - The stock has underperformed the market, losing about 4.4% since the beginning of the year, while the S&P 500 gained 4% [3] - The current consensus EPS estimate for the coming quarter is $0.03 on revenues of $311.35 million, and for the current fiscal year, it is $0.15 on revenues of $1.22 billion [7] - The Zacks Industry Rank for Alternative Energy - Other is currently in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]