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Renew Energy Global PLC expected to post earnings of 12 cents a share - Earnings Preview

reuters11-16 05:26

Renew Energy Global <a href="https://laohu8.com/S/PLC">PLC</a> <rnw.oq> expected to post earnings of 12 cents a share - Earnings Preview </rnw.oq>
  • Renew Energy Global PLC RNW.OQ RNW.O is expected to show a rise in quarterly revenue when it reports results on November 19 for the period ending September 30 2024

  • The London United Kingdom-based company is expected to report a 0.7% increase in revenue to $314.328 million from $312 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Renew Energy Global PLC is for earnings of 12 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts had fallen by about 69.6% in the last three months. ​

  • Wall Street's median 12-month price target for Renew Energy Global PLC is 8.50​, above​ its last closing price of $5.34. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

0.01

0.01

0.00

Missed

-62.2

Jan. 1 2024

-0.06

-0.05

0.02

Beat

142

Dec. 31 2023

-0.15

-0.15

-0.10

Beat

33.5​

Sep. 30 2023

0.03

0.02

0.11

Beat

596.2

​​Jun. 30 2023

0.07

0.06

0.09

Beat

58

Mar. 31 2023

-0.09

-0.09

0.00

Beat

100​

Dec. 31 2022

-0.08

-0.08

-0.15

Missed

-78.1

Jan. 1 0001

0.07

0.08

-0.03

Missed

-135.8

This summary was machine generated November 15 at 21:26 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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