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Clearway Energy (CWEN) Q4 Earnings Surpass Estimates, Sales Lag
CWENClearway Energy(CWEN) Zacks Investment Research·2024-02-22 15:30

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.RevenuesTotalrevenuesof4.99.RevenuesTotal revenues of 249 million missed the Zacks Consensus Estimate of 284millionby12.2284 million by 12.2%. The top line also declined 7.1% from the year-ago quarter’s figure of 268 ...