Clearway Energy (CWEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Clearway Energy (CWEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Clearway Energy (CWEN) closed the most recent trading day at $30.79, moving +0.62% from the previous trading session.
After reaching an important support level, Clearway Energy, Inc. (CWEN) could be a good stock pick from a technical perspective. CWEN recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Clearway Energy (CWEN) reported earnings 30 days ago. What's next for the stock?
Clearway Energy will likely see a strong macroeconomic tailwind in 2025 as the Federal Reserve moves to cut the federal funds rate. The company's strong operations and a robust project pipeline are expected to drive significant DPS growth. Strong DPS growth outlook will amplify the potential macroeconomic tailwind.
The latest trading day saw Clearway Energy (CWEN) settling at $29.14, representing a -0.14% change from its previous close.
The mean of analysts' price targets for Clearway Energy (CWEN) points to a 27.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
CWEN's fourth-quarter earnings decline year over year, while revenues rise during the same period.
Clearway Energy, Inc. (NYSE:CWEN ) Q4 2024 Earnings Conference Call February 24, 2025 5:00 PM ET Company Participants Akil Marsh - IR Craig Cornelius - President and CEO Sarah Rubenstein - CFO Conference Call Participants Michael Lonegan - Evercore Hannah Velasquez - Jefferies Noah Kaye - Oppenheim & Company Justin Clare - ROTH Capital Partners Mark Jarvi - CIBC Angie Storozynski - Seaport Operator Hello, and welcome to Clearway Energy, Inc. Fourth Quarter Earnings Call. At this time, all participants are in a listen-only mode.
Clearway Energy (CWEN) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.32 per share a year ago.
Here is how Clearway Energy (CWEN) and Enterprise Products Partners (EPD) have performed compared to their sector so far this year.