Clearway Energy reports a strong second quarter EPS beat but lowers its full-year 2026 CAFD guidance.

Clearway Energy, Inc. reported second quarter 2026 Net Income of $30 million, Adjusted EBITDA of $409 million, and Cash Available for Distribution (CAFD) of $167 million. The company's earnings per share significantly exceeded expectations, while revenue was up year-over-year but missed analyst estimates.

Key Highlights

• Second quarter EPS came in at $1.00, substantially beating the $0.36 analyst consensus.
• Operating revenue of $481 million increased 23% year-over-year, driven by contributions from growth investments, but fell slightly short of the $490 million estimate.
• The company lowered its full-year 2026 CAFD guidance to a range of $430 million to $470 million, down from the prior range of $470 million to $510 million, citing lower renewable energy production estimates.