NYSE:CWEN.ARenewable Energy
Clearway Energy (CWEN.A) Margin Falls to 5.3%, Undercuts Bullish Profit Growth Narratives
Clearway Energy (CWEN.A) posted a net profit margin of 5.3%, a decline from last year’s 7.2%. Average earnings growth over the past five years has been just 1.2% per year, but the most recent results show negative year-over-year earnings growth. Looking ahead, earnings are forecast to grow at an impressive 23.1% annually, which is well ahead of the US market average. Revenue is expected to rise 9.6% per year, slightly lagging the broader market. Investors face mixed signals as the stock...