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Clearway Energy: Q3 Earnings Snapshot
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PRINCETON, N.J. (AP) — PRINCETON, N.J. (AP) — Clearway Energy, Inc. (CWEN) on Monday reported third-quarter earnings of $51 million.

The Princeton, New Jersey-based company said it had profit of 42 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The company created by NRG Energy to acquire and operate natural gas, solar and wind plants posted revenue of $522 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $495.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWEN at https://www.zacks.com/ap/CWEN

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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