Clearway Energy Fell 1.12% as Its Monthly Slide Deepened
Clearway Energy underperformed the S&P 500 in the session, while consensus estimates point to lower quarterly earnings and higher revenue.
Key takeaways
- Clearway Energy closed at $29.95, down 1.12%.
- The stock fell 5.55% over the past month, while the Oils-Energy sector gained 1.58%.
Clearway Energy closed at $29.95, down 1.12% from the previous session. The S&P 500 fell 0.47%, while the Dow gained 0.1% and the Nasdaq lost 1.25%.
The stock has declined 5.55% over the past month, compared with a 1.58% gain for the Oils-Energy sector and a 1.15% rise for the S&P 500.
Ahead of its upcoming earnings disclosure, the latest consensus estimate calls for quarterly earnings of $0.34 per share, down 83% from a year earlier, and revenue of $493.43 million, up 15.02%, according to Zacks. For the full year, Zacks consensus estimates project a loss of $0.37 per share and revenue of $1.68 billion.
This article was produced with the help of AI technology. Source: Yahoo Finance
