Renew Energy Global PLC RNW.OQ RNW.O is expected to show a rise in quarterly revenue when it reports results on February 18 for the period ending December 31 2024
The London United Kingdom-based company is expected to report a 16.6% increase in revenue to $223.904 million from $192 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 a loss of 5 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged 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 $6.66.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.12 | 0.12 | 0.14 | Beat | 16.8 |
Jun. 30 2024 | 0.01 | 0.01 | 0.00 | Missed | -62.2 |
Mar. 31 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 |
This summary was machine generated February 14 at 21:35 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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