Clearway Energy (CWEN) Q1 Earnings Surpass Estimates

Clearway Energy (CWEN) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.25 per share. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 112%. A quarter ago, it was expected that this company created by NRG Energy to acquire and operate natural gas, solar and wind plants would post earnings of $0.13 per share when it actually produced earnings ...