Clearway Energy (CWEN) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -35.42%. A quarter ago, it was expected that this company created by NRG Energy to acquire and operate natural gas, solar and wind plants would post earnings of $0.50 per share when it actually produced earnings of ...

Clearway Energy Clearway Energy, Inc. Reports Third Quarter 2024 Financial Results • Signed agreement with Clearway Group to commit to invest in a 500 MW solar plus storage project • Received offer from Clearway Group to invest in a 320 MW storage hybridization project • Reaffirming 2024 financial guidance and initiating 2025 financial guidance • Increasing the quarterly dividend by 1.7% to $0.4240 per share in the fourth quarter of 2024, or $1.6960 per share annualized PRINCETON, NJ — October 30, 2024— Cle ...

Clearway Energy (CWEN) closed the most recent trading day at $26.98, moving +0.52% from the previous trading session. This change outpaced the S&P 500's 0.92% loss on the day. Elsewhere, the Dow saw a downswing of 0.96%, while the tech-heavy Nasdaq depreciated by 1.6%.The company created by NRG Energy to acquire and operate natural gas, solar and wind plants's stock has dropped by 10.41% in the past month, falling short of the Oils-Energy sector's loss of 9.71% and the S&P 500's gain of 2.68%.The upcoming e ...

Clearway Energy (CWEN) announced that it has started the construction of standalone solar and energy storage projects in Hopkins County, TX. This announcement comes after the completion of the projects financing. The company announced that a $665 million investment had been made in the 200-megawatt (MW) Pine Forest storage and 300-MW Pine Forest solar facilities. The energy storage system is designed to provide grid flexibility by storing excess power and delivering it during periods of high demand for elec ...

Investors looking for stocks in the Alternative Energy - Other sector might want to consider either Clearway Energy (CWEN) or Bloom Energy (BE) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emp ...

Clearway Energy (CWEN) closed the latest trading day at $30.02, indicating a -1.48% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.4%. On the other hand, the Dow registered a gain of 0.62%, and the technology-centric Nasdaq increased by 0.6%. Prior to today's trading, shares of the company created by NRG Energy to acquire and operate natural gas, solar and wind plants had gained 6.13% over the past month. This has outpaced the Oils-Energy sector's loss ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Clearway Energy (CWEN) . Clearway Energy currently has an average brokerag ...

Clearway Energy (CWEN) closed the most recent trading day at $29.36, moving +0.1% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw a downswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.2%. Shares of the company created by NRG Energy to acquire and operate natural gas, solar and wind plants witnessed a gain of 0.51% over the previous month, beating the performance of the Oils-Energy sector with its loss of 3.35% and underperforming t ...

I I F ■ F Matteo Colombo Investment Update Following my last publication on Clearway Energy Inc. (NYSE:CWEN) (NYSE:CWEN.A) in May, the stock is +5% and the business has posted its Q2 numbers, which I'll dissect here today. In the prior report, titled "Turnover on capital unable to pick up exceptional operating margins", I performed an extensive deep dive into the company, its business drivers, how it is unlocking value, its CapEx runway, returns on capital, prospects of underlying asset recovery, and valuat ...

Clearway Energy Inc. (CWEN) recorded a second-quarter 2024 earnings of 43 cents per share, which missed the Zacks Consensus Estimate of 50 cents by 14%. However, the bottom line increased 30.3% from 33 cents in the year-ago quarter. Revenues Total revenues of $366 million missed the Zacks Consensus Estimate of $401 million by 16.1%. The top line also declined 9.8% from the year-ago quarter's figure of $406 million. Highlights of the Release Adjusted EBITDA for the quarter totaled $353 million compared with ...