Filing Flows › Clearway Energy (CWEN) › Guidance history
Clearway Energy (CWEN) guidance history: what it guided and what it reported
Clearway Energy gave guidance in 12 earnings releases on file since Feb 22, 2024. Its releases raised guidance twice and lowered it twice.
Net income
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2033 | −$12.0M (Nov 9, 2026) | — | to be reported | — |
| FY2027 | $35.0M–$105M (Nov 9, 2026) | — | to be reported | — |
| FY2026 | −$44.0M–−$4.0M (Nov 4, 2025) → reaffirmed −$44.0M–−$4.0M (May 7, 2026) → reaffirmed −$44.0M–−$4.0M (Aug 5, 2026) → raised −$35.0M–$5.0M (Nov 9, 2026) | — | to be reported | — |
| FY2032 | $19.0M–$21.0M (Feb 24, 2025) → lowered $1.0M (Nov 9, 2026) | — | to be reported | — |
| FY2031 | $6.0M (Feb 24, 2025) | — | to be reported | — |
| FY2025 | −$40.0M–$0 (Oct 30, 2024) → reaffirmed −$40.0M–$0 (Feb 24, 2025) → reaffirmed −$40.0M–$0 (Apr 30, 2025) → lowered −$110M–−$90.0M (Nov 4, 2025) | — | — | — |
| FY2030 | $3.0M (May 9, 2024) → reaffirmed $3.0M (Aug 1, 2024) → raised $13.0M (Oct 30, 2024) → lowered $7.0M (Feb 24, 2025) | — | to be reported | — |
| FY2024 | $90.0M (Feb 22, 2024) → reaffirmed $90.0M (May 9, 2024) → reaffirmed $90.0M (Aug 1, 2024) → reaffirmed $90.0M (Oct 30, 2024) | — | — | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2033 | $28.0M (Nov 9, 2026) | — | to be reported | — |
| FY2027 | $448M (Nov 9, 2026) | — | to be reported | — |
| FY2026 | $395M (Nov 4, 2025) → reaffirmed $395M (May 7, 2026) → reaffirmed $395M (Aug 5, 2026) → lowered $388M (Nov 9, 2026) | — | to be reported | — |
| FY2032 | $17.0M (Feb 24, 2025) → reaffirmed $17.0M (Apr 30, 2025) → lowered $6.0M (Nov 9, 2026) | — | to be reported | — |
| FY2031 | $18.0M (Feb 24, 2025) | — | to be reported | — |
| FY2025 | $335M (Oct 30, 2024) → reaffirmed $335M (Feb 24, 2025) → reaffirmed $335M (Apr 30, 2025) → raised $362M (Nov 4, 2025) | — | — | — |
| FY2030 | $5.0M–$12.0M (May 9, 2024) → raised $18.0M (Aug 1, 2024) → lowered $6.0M (Oct 30, 2024) → raised $8.0M (Feb 24, 2025) → reaffirmed $8.0M (Apr 30, 2025) | — | to be reported | — |
| FY2024 | $330M (Feb 22, 2024) → reaffirmed $330M (May 9, 2024) → reaffirmed $330M (Aug 1, 2024) → reaffirmed $330M (Oct 30, 2024) | — | — | — |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2027 | $520M–$590M (Nov 9, 2026) | — | to be reported | — |
| FY2026 | $470M–$510M (Nov 4, 2025) → lowered $240M (May 7, 2026) → raised $350M (Aug 5, 2026) → raised $430M–$470M (Nov 9, 2026) | — | to be reported | — |
| FY2025 | $400M–$440M (Oct 30, 2024) → lowered $11.0M (Feb 24, 2025) → lowered $7.0M (Apr 30, 2025) → raised $122M (Aug 5, 2025) → raised $420M–$440M (Nov 4, 2025) | $319M (GAAP) | not judged | — |
| FY2024 | $10.0M (Feb 22, 2024) → lowered $7.0M (May 9, 2024) → raised $9.0M (Aug 1, 2024) → raised $395M (Oct 30, 2024) | $287M (GAAP) | not judged | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2033 | $70.0M (Nov 9, 2026) | — | to be reported | — |
| FY2027 | $55.0M (Nov 9, 2026) | — | to be reported | — |
| FY2026 | $59.0M (Nov 4, 2025) → reaffirmed $59.0M (May 7, 2026) → reaffirmed $59.0M (Aug 5, 2026) → lowered $58.0M (Nov 9, 2026) | — | to be reported | — |
| FY2032 | $41.0M–$43.0M (Feb 24, 2025) → reaffirmed $41.0M–$43.0M (Apr 30, 2025) → lowered $30.0M (Nov 9, 2026) | — | to be reported | — |
| FY2031 | $43.0M (Feb 24, 2025) | — | to be reported | — |
| FY2025 | $61.0M (Oct 30, 2024) → reaffirmed $61.0M (Feb 24, 2025) → reaffirmed $61.0M (Apr 30, 2025) → lowered $53.0M (Nov 4, 2025) | — | — | — |
| FY2030 | $16.0M (May 9, 2024) → raised $45.0M (Aug 1, 2024) → lowered $41.0M (Oct 30, 2024) → lowered $32.0M (Feb 24, 2025) → reaffirmed $32.0M (Apr 30, 2025) | — | to be reported | — |
| FY2024 | $50.0M (Feb 22, 2024) → reaffirmed $50.0M (May 9, 2024) → reaffirmed $50.0M (Aug 1, 2024) → reaffirmed $50.0M (Oct 30, 2024) | — | — | — |
The latest quarter
Clearway Energy, Q3 2026: revenue $522M (+22% year over year), operating margin 25.9%, net earnings $51.0M, operating cash flow $324M. The chart follows the revenue to costs, profit and cash.
Questions
Does Clearway Energy beat its guidance?
Clearway Energy gave guidance in 12 earnings releases on file since Feb 22, 2024. Its releases raised guidance twice and lowered it twice.
How often does Clearway Energy raise guidance?
Its earnings releases raised guidance twice and lowered it twice since Feb 22, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.