Brief: HA Sustainable Infrastructure Capital Inc Q2 Net Income USD 98 Million

HA Sustainable Infrastructure Capital

07/08/2025 21:22

Overview

HASI Q2 2025 GAAP EPS rises to $0.74 from $0.23 in Q2 2024

Adjusted EPS for Q2 2025 misses analyst expectations, per LSEG data

Adjusted recurring net investment income up 25% yr/yr to $85 mln

Outlook

Company reaffirms 8-10% compound annual growth in Adjusted EPS through 2027

HASI expects dividends to decline to 55-60% of Adjusted EPS by 2027

Company sees pipeline exceeding $6 bln supporting future growth

Result Drivers

INVESTMENT INCOME - Adjusted recurring net investment income rose 25% yr/yr to $85 mln

EQUITY INVESTMENTS - Income from equity method investments increased due to higher allocations related to tax credits in solar projects

ASSET GROWTH - Managed assets grew 13% yr/yr to $14.6 bln, supported by new transactions and broadened focus into new asset classes

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$105 mln
$92.10 mln (10 Analysts)
Q2 Adjusted EPS
Miss
$0.60
$0.63 (14 Analysts)
Q2 EPS
$0.74
Q2 Distributable Earnings
$75 mln
Q2 Net Income
$98 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for HA Sustainable Infrastructure Capital Inc is $39.50, about 38.1% above its August 6 closing price of $24.44

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw3CygjWa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)