Clearway Energy reported a quarterly loss of $1.35 per share, missing the Zacks Consensus Estimate for a $0.45 loss by $0.90 per share. The result also marked a sharp deterioration from earnings of $0.03 per share a year ago. The miss is likely to weigh on CWEN shares, but the news is company-specific rather than sector-wide.
Clearway Energy reported a quarterly loss of $1.35 per share, missing the Zacks Consensus Estimate for a $0.45 loss by $0.90 per share. The result also marked a sharp deterioration from earnings of $0.03 per share a year ago. The miss is likely to weigh on CWEN shares, but the news is company-specific rather than sector-wide.
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strongly negative
Sentiment Score
-0.70
Ticker Sentiment