ReNew Energy Glb (NASDAQ:RNW) is set to give its latest quarterly earnings report on Friday, 2023-08-18. Here's what investors need to know before the announcement.

Analysts estimate that ReNew Energy Glb will report an earnings per share (EPS) of $0.06.

ReNew Energy Glb bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at ReNew Energy Glb's past performance and the resulting price change:

Stock Performance

Shares of ReNew Energy Glb were trading at $6.06 as of August 16. Over the last 52-week period, shares are down 19.09%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for ReNew Energy Glb visit their earnings calendar on our site.

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