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Clearway Energy (CWEN) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest trading session, Clearway Energy (CWEN - Free Report) closed at $32.03, marking a -2.59% move from the previous day. This move lagged the S&P 500's daily loss of 1.82%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw a decrease of 2.86%.
The company created by NRG Energy to acquire and operate natural gas, solar and wind plants's stock has climbed by 12.84% in the past month, exceeding the Oils-Energy sector's gain of 10.72% and the S&P 500's gain of 0.71%.
Analysts and investors alike will be keeping a close eye on the performance of Clearway Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on November 9, 2026. The company is forecasted to report an EPS of $0.46, showcasing a 77% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $495.86 million, up 15.58% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.25 per share and a revenue of $1.68 billion, signifying shifts of -117.48% and +17.76%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Clearway Energy. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 30.8% higher within the past month. Currently, Clearway Energy is carrying a Zacks Rank of #2 (Buy).
The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 99, which puts it in the top 41% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Clearway Energy (CWEN) Suffers a Larger Drop Than the General Market: Key Insights
In the latest trading session, Clearway Energy (CWEN - Free Report) closed at $32.03, marking a -2.59% move from the previous day. This move lagged the S&P 500's daily loss of 1.82%. Meanwhile, the Dow experienced a drop of 1.09%, and the technology-dominated Nasdaq saw a decrease of 2.86%.
The company created by NRG Energy to acquire and operate natural gas, solar and wind plants's stock has climbed by 12.84% in the past month, exceeding the Oils-Energy sector's gain of 10.72% and the S&P 500's gain of 0.71%.
Analysts and investors alike will be keeping a close eye on the performance of Clearway Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on November 9, 2026. The company is forecasted to report an EPS of $0.46, showcasing a 77% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $495.86 million, up 15.58% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.25 per share and a revenue of $1.68 billion, signifying shifts of -117.48% and +17.76%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Clearway Energy. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 30.8% higher within the past month. Currently, Clearway Energy is carrying a Zacks Rank of #2 (Buy).
The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 99, which puts it in the top 41% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.