Clearway Energy Shares Jump 20.6% as Q4 EPS Forecast Falls to -$0.21
Clearway Energy shares have risen 20.64% over the past month, outperforming the Oils-Energy sector's 13.69% gain and the S&P 500's 0.16% drop. Analysts expect Q4 EPS of -$0.21 on $304.76 million revenue, marking an 800% EPS decline and 19.05% revenue increase year-over-year.
1. Recent Stock Performance
Clearway Energy shares have gained 20.64% over the past month, outperforming the Oils-Energy sector's 13.69% increase and the S&P 500's 0.16% decrease. In the latest session, the stock rose 1.14% while the S&P 500 added 0.47%, the Dow 0.04% and the Nasdaq 0.9%.
2. Q4 Earnings Expectations
The company is set to report fourth-quarter results on February 23 with EPS expected at -$0.21, representing an 800% decline from the year-ago quarter, on estimated revenue of $304.76 million, a 19.05% year-over-year increase.
3. Full-Year Forecast
Analysts project full-year EPS of $2.18, up 190.67%, and revenue of $1.42 billion, a 3.85% increase compared with the prior year, reflecting improved profitability and modest top-line growth.
4. Valuation and Industry Standing
Valuation metrics show a forward P/E ratio of 54.7 versus the industry average of 18.57 and a PEG ratio of 1.46 against 1.5 for peers. The stock holds a hold rating and its industry ranks in the top 37% by average analyst standing.