Clearway Energy (CWEN) Reports Q4 Loss, Tops Revenue Estimates

Clearway Energy (CWEN) came out with a quarterly loss of $0.89 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -327.27%. 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 $0.32 per share when it actually produced earnings of $2 ...