Clearway Energy Q1 EPS Expected at -$0.41, Revenue to Climb 8.2%
Clearway Energy's Q1 EPS is projected at -$0.41, a 1,467% decline year-over-year, with revenue set to rise 8.2% to $322.4 million. The stock trades at a 56.5x forward P/E versus the industry's 18.5x and holds a Zacks Rank of 3 (Hold).
1. Q1 Earnings Estimates
Analysts forecast Clearway Energy's Q1 EPS at -$0.41 per share, marking a 1,467% year-over-year decline, while revenue is expected to increase 8.19% to $322.42 million.
2. Full-Year Projections
For the full fiscal year, consensus estimates call for EPS of $0.67, a 53.15% drop, and revenue of $1.63 billion, up 13.81% from the prior year.
3. Valuation Metrics
Clearway Energy trades at a forward P/E of 56.51, compared with the industry average of 18.47, and has a PEG ratio of 1.64 versus the industry's 1.97.
4. Recent Stock Performance
Shares have gained 1.15% over the past month, underperforming the Oils-Energy sector's 7.17% gain but outpacing the S&P 500's 0.15% loss.