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Clearway Energy, Inc. CWEN Net Income (NCI)
Discontinued — last reported Q3 '24
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Where this comes from
Reported directly by Clearway Energy, Inc. in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLossAttributableToNoncontrollingInterest.
The source filing: Clearway Energy, Inc.’s 10-Q, filed October 30, 2024.
- Filed
- Oct 30, 2024
- Fiscal quarter
- Q3 FY2024
- Calendar quarter
- Q3 2024
- Accession
- 0001567683-24-000029
| (In millions, except per share amounts) | Three months ended September 30, 2024 | Three months ended September 30, 2023 | Nine months ended September 30, 2024 | Nine months ended September 30, 2023 |
|---|---|---|---|---|
| Income Before Income Taxes | 60 | 72 | 15 | 126 |
| Income tax expense | 33 | 57 | 30 | 67 |
| Net Income (Loss) | 27 | 15 | (15) | 59 |
| Less: Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests | (9) | 11 | (100) | 17 |
| Net Income Attributable to Clearway Energy, Inc. | $36 | $4 | $85 | $42 |
| Earnings Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders | ||||
| Weighted average number of Class A common shares outstanding - basic and diluted | 35 | 35 | 35 | 35 |
| Weighted average number of Class C common shares outstanding - basic and diluted | 83 | 82 | 83 | 82 |
ITEM 1 — FINANCIAL STATEMENTS
FAQ
- What is Clearway Energy, Inc.'s net income (NCI)?
- Clearway Energy, Inc. (CWEN) reported net income (NCI) of -$9M in Q3 2024.
- How has Clearway Energy, Inc.'s net income (NCI) changed year-over-year?
- Clearway Energy, Inc.'s net income (NCI) decreased by 181.8% year-over-year, from $11M to -$9M.
- What does net income (NCI) mean?
- The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.
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