ReNew Energy Global PLC (RNW) Q4 Earnings and Revenues Surpass Estimates

Core Viewpoint - ReNew Energy Global PLC reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of $0.07 per share, and showing significant improvement from $0.02 per share a year ago, indicating a 42.86% earnings surprise [1] Financial Performance - The company posted revenues of $340 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 16.52%, compared to $297 million in the same quarter last year [2] - Over the last four quarters, ReNew Energy Global has exceeded consensus EPS estimates only once, while it has topped consensus revenue estimates two times [2] Stock Performance and Outlook - ReNew Energy Global shares have declined approximately 0.6% since the beginning of the year, contrasting with the S&P 500's gain of 1.6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] Earnings Estimate Revisions - The trend for earnings estimate revisions for ReNew Energy Global is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $418.26 million, and for the current fiscal year, it is $0.27 on revenues of $1.59 billion [7] Industry Context - The Alternative Energy - Other industry, to which ReNew Energy Global belongs, is currently ranked in the bottom 27% of over 250 Zacks industries, indicating potential challenges for stock performance [8]