ReNew Energy Glb Q2 Sales $345.00M Beat $258.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
ReNew Energy Global (RNW) reported Q2 sales of $345.00 million, surpassing the analyst consensus estimate of $258.41 million by 33.51%. This represents a 43.75% increase compared to sales of $240.00 million in the same period last year.
November 20, 2023 | 11:06 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
ReNew Energy Global reported a significant beat on Q2 sales estimates, with a 33.51% higher revenue than expected and a 43.75% increase from the previous year.
The substantial beat on sales estimates and the impressive year-over-year growth are strong indicators of the company's performance and are likely to positively influence investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100