HA Sustainable Infrastructure Capital Inc reports results for the quarter - Earnings Summary

HA Sustainable Infrastructure Capital

08/11/2024 21:08

* HA Sustainable Infrastructure Capital Inc  HASI.N 
reported
quarterly adjusted earnings of 52 cents​​ per share for the
quarter , lower than the same quarter last year, when the
company reported EPS of 62 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 54 cents
per share. Wall Street expected results to range from 34 cents
to 60 cents per share.
    * Revenue rose 50.8% to $81.87 million from a year ago;
analysts
expected $81.31 million. 
    * HA Sustainable Infrastructure Capital Inc's reported EPS
for the
quarter was a loss of 17 cents​.
    * The company reported a quarterly loss of $19.62 million.
    * HA Sustainable Infrastructure Capital Inc shares
had fallen
by 6.9% this quarter and gained 16.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
reits
peer group is also "buy"

Wall Street's median 12-month price target for HA Sustainable
Infrastructure Capital Inc is 40.50 
This summary was machine generated from LSEG data November 8 at
09:07 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.54           0.52           Missed
 Jun. 30 2024      0.56           0.63           Beat
 Mar. 31 2024      0.57           0.68           Beat
 Dec. 31 2023      0.58           0.53           Missed