Clearway Energy Q3 EPS $0.03 Down From $0.28 YoY, Sales $371.00M Up From $340.00M YoY
Portfolio Pulse from Benzinga Newsdesk
Clearway Energy (NYSE:CWEN) reported Q3 earnings of $0.03 per share, a decrease of 89.29% YoY. However, the company's sales increased by 9.12% to $371.00 million compared to the same period last year.
November 02, 2023 | 10:09 am
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Clearway Energy's Q3 earnings per share decreased significantly by 89.29% YoY, while sales increased by 9.12% YoY.
The significant decrease in Clearway Energy's Q3 earnings per share could negatively impact the company's stock price in the short term. However, the increase in sales might offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100