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

分组1 - Clearway Energy reported a quarterly loss of $0.89 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.21, and compared to earnings of $0.03 per share a year ago [1] - The earnings surprise for this quarter was -327.27%, while the previous quarter saw a positive surprise of +525% with actual earnings of $2 against an expected $0.32 [2] - The company posted revenues of $310 million for the quarter, exceeding the Zacks Consensus Estimate by 1.72%, and up from $256 million in the same quarter last year [3] 分组2 - Clearway Energy shares have increased by approximately 19.1% since the beginning of the year, outperforming the S&P 500, which gained 0.9% [4] - The current consensus EPS estimate for the upcoming quarter is -$0.40 on revenues of $322.54 million, and for the current fiscal year, it is $0.71 on revenues of $1.63 billion [8] - The Zacks Industry Rank for Alternative Energy - Other is in the bottom 28% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [9]

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