Clearway Energy (CWEN) Q4 Earnings Surpass Estimates, Sales Lag

Clearway Energy Inc. (CWEN) recorded fourth-quarter 2023 earnings of 32 cents per share, which surpassed the Zacks Consensus Estimate of 16 cents by 100%. The bottom line also improved 220% from the year-ago quarter’s level of 10 cents.Full-year 2023 earnings were 67 cents per share, down 86.6% from the previous year’s level of $4.99.RevenuesTotal revenues of $249 million missed the Zacks Consensus Estimate of $284 million by 12.2%. The top line also declined 7.1% from the year-ago quarter’s figure of $268 ...