Clearway Power, Inc. CWEN got here out with quarterly earnings of $0.36 per share, lacking the Zack
Clearway Power, Inc. CWEN got here out with quarterly earnings of $0.36 per share, lacking the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.20 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -49.30%. 1 / 4 in the past, it was anticipated that this firm created by NRG Power to accumulate and function pure gasoline, photo voltaic and wind crops would put up earnings of $0.40 per share when it really produced a lack of $0.22, delivering a shock of -155%.
During the last 4 quarters, the corporate has not been capable of surpass consensus EPS estimates.
Clearway Power, Inc., which belongs to the Zacks Different Power – Different trade, posted revenues of $296 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 9.76%. This compares to year-ago revenues of $292 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.
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