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

$23.36
-0.23 (-0.98%)
(As of 04/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 9
Before Market Opens
Confirmed
Actual EPS
(Feb. 22)
$0.31 Beat By $0.15
Consensus EPS
(Feb. 22)
$0.16
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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 EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242($0.44)($0.35)($0.40)
Q2 20242$0.56$0.67$0.62
Q3 20242$0.57$0.74$0.66
Q4 20242$0.09$0.41$0.25
FY 20248$0.78$1.47$1.13
Q1 20251($0.30)($0.30)($0.30)
Q2 20251$0.63$0.63$0.63

CWEN Earnings Date and Information

Clearway Energy last released its quarterly earnings results on February 22nd, 2024. The reported $0.31 EPS for the quarter, topping the consensus estimate of $0.16 by $0.15. The company had revenue of $249 million for the quarter, compared to analysts' expectations of $282.45 million. Its revenue was down 18.4% compared to the same quarter last year. Clearway Energy has generated $0.68 earnings per share over the last year ($0.68 diluted earnings per share) and currently has a price-to-earnings ratio of 34.3. Earnings for Clearway Energy are expected to grow by 2.17% in the coming year, from $0.92 to $0.94 per share. Clearway Energy has confirmed that its next quarterly earnings report will be published on Thursday, May 9th, 2024. Clearway Energy will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call..

Clearway Energy Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/9/2024
Confirmed)
-------  
2/22/2024Q4 2023$0.16$0.31+$0.15$0.32$282.45 million$249.00 million      
11/2/2023Q3 2023$0.55$0.03($0.52)$0.03$343.63 million$371.00 million
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

Clearway Energy Earnings - Frequently Asked Questions

When is Clearway Energy's earnings date?

Clearway Energy has confirmed that its next quarterly earnings data will be published on Thursday, May 9th, 2024. Learn more on CWEN's earnings history.

Did Clearway Energy beat their earnings estimates last quarter?

In the previous quarter, Clearway Energy (NYSE:CWEN) reported $0.31 earnings per share (EPS) to beat the analysts' consensus estimate of $0.16 by $0.15. 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 $1.31 billion.

How much profit does Clearway Energy generate each year?

Clearway Energy (NYSE:CWEN) has a recorded net income of $79 million. CWEN has generated $0.68 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 34.35 and a forward price-to-earnings ratio of 25.39.

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

Clearway Energy's earnings are expected to grow from $0.92 per share to $0.94 per share in the next year, which is a 2.17% increase.


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This page (NYSE:CWEN) was last updated on 4/24/2024 by MarketBeat.com Staff

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