Clearway Energy (CWEN) Reports Q1 Loss, Tops Revenue Estimates

Clearway Energy (CWEN) came out with a quarterly loss of $1.35 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -202.89%. A quarter ago, it was expected that this company created by NRG Energy to acquire and operate natural gas, solar and wind plants would post a loss of $0.21 per share when it actually produced a loss of $0.89, ...

Clearway Energy (CWEN) Reports Q1 Loss, Tops Revenue Estimates - Reportify