ReNew Energy Glb RNW will release its quarterly earnings report on Tuesday, 2024-11-19. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate ReNew Energy Glb to report an earnings per share (EPS) of $0.12.
Anticipation surrounds ReNew Energy Glb's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Performance in Previous Earnings
In the previous earnings release, the company missed EPS by $0.08, leading to a 5.91% drop in the share price the following trading session.
Here's a look at ReNew Energy Glb's past performance and the resulting price change:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | -0.05 | -0.15 | 0.10 |
| EPS Actual | 0 | 0.02 | -0.10 | 0.11 |
| Price Change % | -6.0% | -7.000000000000001% | -1.0% | -2.0% |
Tracking ReNew Energy Glb's Stock Performance
Shares of ReNew Energy Glb were trading at $5.39 as of November 15. Over the last 52-week period, shares are down 15.27%. Given that these returns are generally negative, long-term shareholders are likely upset 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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