ReNew Energy Glb: Q3 Earnings Insights

ReNew Energy Glb (NASDAQ:RNW) reported its Q3 earnings results on Tuesday, February 20, 2024 at 06:32 AM. Here’s…

ReNew Energy Glb (NASDAQ:RNW) reported its Q3 earnings results on Tuesday, February 20, 2024 at 06:32 AM.

Here’s what investors need to know about the announcement.

Earnings

ReNew Energy Glb beat estimated earnings by 33.33%, reporting an EPS of $-0.1 versus an estimate of $-0.15.

Revenue was up $38.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 1.86% drop in the share price the next day.

Here’s a look at ReNew Energy Glb’s past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.10 0.06 -0.09 -0.08
EPS Actual 0.11 0.09 0 -0.15
Revenue Estimate 258.41M 296.17M 192.30M 194.00M
Revenue Actual 345.00M 300.00M 315.00M 194.00M

To track all earnings releases for ReNew Energy Glb visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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