ReNew Energy's Q1 Snapshot: Strong Winds, Stronger Challenges
ReNew Energy Global Plc, a UK-based firm, focuses on wind and solar power in India, with ancillary services in engineering, procurement, and construction. Despite strong growth potential from India's renewable energy push, high debt, weather risks, and overvaluation pose significant concerns for ReNew Energy. ReNew's recent performance shows steady financial growth and strategic expansion, but execution risks and market-specific challenges warrant a “Hold” rating.
ReNew Energy Global Plc (RNW) Q1 2025 Earnings Call Transcript
ReNew Energy Global Plc (NASDAQ:RNW ) Q1 2025 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants Nathan Judge - Head, IR Sumant Sinha - Founder, Chairman and CEO Kailash Vaswani - CFO Vaishali Nigam Sinha - Co-Founder and Chairperson of Sustainability Conference Call Participants Justin Clare - ROTH Capital Partners Maheep Mandloi - Mizuho Angie Storozynski - Seaport Puneet Gulati - HSBC Uma Menon - Bernstein Amit Bhinde - Morgan Stanley Puneet Gulati - HSBC Operator Thank you for standing by, and welcome to the ReNew 1Q FY'25 Earnings Report. All participants are in listen-only mode.
ReNew Energy Global PLC (RNW) Reports Break-Even Earnings for Q1
ReNew Energy Global PLC (RNW) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.09 per share a year ago.
Surging Earnings Estimates Signal Upside for ReNew Energy Global (RNW) Stock
ReNew Energy Global (RNW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ReNew Energy Global (RNW) Upgraded to Buy: Here's What You Should Know
ReNew Energy Global (RNW) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Wall Street Analysts See a 33.69% Upside in ReNew Energy Global (RNW): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 33.7% in ReNew Energy Global (RNW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
ReNew Energy Global PLC (RNW) Beats Q4 Earnings and Revenue Estimates
ReNew Energy Global PLC (RNW) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to break-even earnings per share a year ago.
