Clearway Energy (CWEN) closed at $25.08, up 1.05% from the previous session, outperforming the S&P 500. The company, formed by NRG Energy, saw a 7.28% decrease in shares over the past month. Analysts project earnings per share (EPS) to drop by 62.5% to $0.12, with revenue estimated to grow by 23.7% to $308.01 million.
Investors are keen on Clearway Energy’s upcoming earnings report, monitoring analyst estimates and revisions. The Zacks Rank, which rates stocks from #1 (Strong Buy) to #5 (Strong Sell), currently labels Clearway Energy as a #2 (Buy). With a Forward P/E ratio of 44.45, Clearway Energy trades at a premium to its industry average of 17.35.
Clearway Energy has a PEG ratio of 1.66, indicating expected earnings growth. The Alternative Energy – Other industry, part of the Oils-Energy sector, ranks in the top 31%. Investors should track these metrics on Zacks.com to stay informed. Trillions in Federal funds are allocated for infrastructure projects, benefiting stocks in AI data centers, renewable energy, and more. Download a free report on 5 stocks set to profit from this spending surge.
Read more at Nasdaq: Clearway Energy (CWEN) Laps the Stock Market: Here’s Why
