Clearway Energy Reports $0.89 Q4 Loss, 21% Revenue Growth to $310M
Clearway Energy posted an adjusted Q4 loss of $0.89 per share, missing the consensus by $0.68 and reversing a year-ago profit of $0.03. Revenue climbed 21% to $310 million, topping forecasts by 1.7% on a rise from $256 million a year earlier.
1. Q4 Financial Results
Clearway Energy recorded an adjusted net loss of $0.89 per share in Q4, falling short of the -$0.21 consensus by 327% and reversing the $0.03 profit reported in the year-ago period. Fourth-quarter revenue reached $310 million, up 21% year-over-year and 1.7% above the $305 million forecast.
2. Analyst Estimates and Ratings
Consensus projections for the coming quarter call for a -$0.40 EPS on $322.5 million in revenue, with full-year estimates at $0.71 per share on $1.63 billion in sales. Recent downward revisions have driven analysts to assign a sell rating, reflecting skepticism about short-term earnings momentum.
3. Outlook and Performance
Shares have climbed 19.1% year-to-date compared with a 0.9% gain in the S&P 500, as investors look for management commentary to guide expectations. Industry peers remain under pressure, with the company’s sector ranking in the bottom quartile among major energy industries.