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Clearway Energy Q3 Earnings, Operating Revenue Increase; Quarterly Dividend Raised
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Clearway Energy Q3 Earnings, Operating Revenue Increase; Quarterly Dividend Raised
Nov 3, 2024 2:51 PM

07:02 AM EDT, 10/30/2024 (MT Newswires) -- Clearway Energy ( CWEN/A ) reported Q3 earnings Wednesday of $0.31 per diluted share, up from $0.03 a year earlier.

Two analysts polled by Capital IQ expected $0.58.

Operating revenue for the quarter ended Sept. 30 was $486 million, up from $371 million a year earlier.

Analysts surveyed by Capital IQ expected $413.5 million.

The renewable energy company also raised its quarterly dividend 1.7% to $0.424 per share, payable Dec. 16 to stockholders of record as of Dec. 2.

Shares of the company were up more than 7% in recent Wednesday premarket activity.

Price: 27.68, Change: +1.97, Percent Change: +7.66

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