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Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
NYSE:CWEN

Clearway Energy (CWEN) Earnings Date, Estimates & Call Transcripts

$25.57
+0.19 (+0.75%)
(As of 08/11/2023 08:48 PM ET)
Compare
Today's Range
$25.19
$25.76
50-Day Range
$24.45
$30.71
52-Week Range
$23.60
$41.79
Volume
781,400 shs
Average Volume
867,265 shs
Market Capitalization
$5.17 billion
P/E Ratio
36.01
Dividend Yield
6.06%
Price Target
$39.00

Earnings Summary

Upcoming
Earnings Date
Nov. 1Estimated
Actual EPS
(Aug. 8)
$0.33 Missed By -$0.22
Consensus EPS
(Aug. 8)
$0.55
Skip Charts & View Estimated and Actual Earnings Data

CWEN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CWEN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Clearway Energy Analyst Forecasts

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20231($0.37)($0.37)($0.37)
Q3 20231$0.91$0.91$0.91
Q4 20232$0.02$0.08$0.05
20234$0.56$0.62$0.59
Q1 20241$0.06$0.06$0.06
Q2 20241$0.54$0.54$0.54
Q3 20241$0.82$0.82$0.82
Q4 20241$0.08$0.08$0.08
FY 20244$1.50$1.50$1.50
Q1 20251$0.08$0.08$0.08
Q2 20251$0.55$0.55$0.55

CWEN Earnings Date and Information

Clearway Energy last posted its earnings results on August 8th, 2023. The reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.22. The firm had revenue of $406 million for the quarter, compared to analysts' expectations of $375.59 million. Its revenue was up 10.3% on a year-over-year basis. Clearway Energy has generated $0.71 earnings per share over the last year ($0.71 diluted earnings per share) and currently has a price-to-earnings ratio of 36.0. Earnings for Clearway Energy are expected to grow by 36.75% in the coming year, from $1.17 to $1.60 per share. Clearway Energy has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 1st, 2023 based off prior year's report dates.

Clearway Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
11/1/2023
Estimated)
------- 
8/8/2023Q2 2023$0.55$0.33($0.22)$0.33$375.59 million$406.00 million      
2/23/2023Q4 2022($0.88)$0.10+$0.98$0.10$313.21 million$268.00 million
11/2/2022Q3 2022$0.13$0.28+$0.15$0.28$358.35 million$340.00 million
8/2/2022Q2 2022$0.38($3.86)($4.24)($12.61)$388.91 million$368.00 million
5/5/2022Q1 2022($0.12)($0.28)($0.16)($0.28)$244.91 million$214.00 million    
2/28/2022Q4 2021$0.17($0.07)($0.24)($0.07)$291.00 million$318.00 million    
11/4/2021Q3 2021$0.70$0.18($0.52)$0.18$439.19 million$351.00 million    
8/3/2021Q2 2021$0.42$0.30($0.12)$0.30$373.39 million$380.00 million    
5/6/2021Q1 2021($0.37)$0.31+$0.68$0.59$244.00 million$237.00 million
3/1/2021Q4 2020$0.86$0.11($0.75)$0.43$296.00 million$280.00 million  
11/5/2020Q3 2020$0.73$0.31($0.42)$0.35$377.64 million$322.00 million  












Clearway Energy Earnings - Frequently Asked Questions

When is Clearway Energy's earnings date?

Clearway Energy has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 1st, 2023 based off last year's report dates. Learn more on CWEN's earnings history.

Did Clearway Energy beat their earnings estimates last quarter?

In the previous quarter, Clearway Energy (NYSE:CWEN) missed the analysts' consensus estimate of $0.55 by $0.22 with a reported earnings per share (EPS) of $0.33. Learn more on analysts' earnings estimate vs. CWEN's actual earnings.

How can I listen to Clearway Energy's earnings conference call?

The conference call for Clearway Energy's latest earnings report can be listened to online. Listen to Conference Call

How can I read Clearway Energy's conference call transcript?

The conference call transcript for Clearway Energy's latest earnings report can be read online. Read Transcript

How can I view Clearway Energy's earnings report?

Clearway Energy's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Clearway Energy generate each year?

Clearway Energy (NYSE:CWEN) has a recorded annual revenue of $1.19 billion.

How much profit does Clearway Energy generate each year?

Clearway Energy (NYSE:CWEN) has a recorded net income of $582 million. CWEN has generated $0.71 earnings per share over the last four quarters.

What is Clearway Energy's price-to-earnings ratio?

Clearway Energy (NYSE:CWEN) has a trailing price-to-earnings ratio of 36.01 and a forward price-to-earnings ratio of 21.85.

What is Clearway Energy's EPS forecast for next year?

Clearway Energy's earnings are expected to grow from $1.17 per share to $1.60 per share in the next year, which is a 36.75% increase.


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This page (NYSE:CWEN) was last updated on 8/14/2023 by MarketBeat.com Staff

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