Clearway Energy (CWEN) Q1 Earnings Surpass Estimates, Sales Lag
CWENClearway Energy(CWEN) Zacks Investment Research·2024-05-09 22:56

Clearway Energy Inc. (CWEN) recorded a first-quarter 2024 loss of 2 cents per share, which surpassed the Zacks Consensus Estimate of a loss of 27 cents. In the year-ago quarter, the company reported break-even earnings. Revenues Total revenues of 263millionmissedtheZacksConsensusEstimateof263 million missed the Zacks Consensus Estimate of 270 million by 2.6%. The top line also declined 8.7% from the year-ago quarter’s figure of 288million.HighlightsoftheReleaseAdjustedEBITDAforthequartertotaled288 million. Highlights of the Release Adjusted EBITDA for the quarter totaled 211 million compared with $218 million i ...