Investing.com - Renew Energy Global reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Renew Energy Global announced earnings per share of $-0.030 on revenue of $240M. Analysts polled by Investing.com EPS of $0.081 on revenue of $281.1M.
Renew Energy Global 's are down 18% and is trading at $6.310 , still down 35.61% from its 52 week high of $9.80 set on Tuesday, November 16, 2021.
Renew Energy Global follows other major Utilities sector earnings this month
Renew Energy Global's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday, November 4, 2022 with third quarter EPS of $1.78 on revenue of $7.97B, for EPS of $1.84 on revenue of $7,388M.
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