Hannon Armstrong Sustainable Infrastructure Capital Inc reports results for the quarter ended in December - Earnings Summary

HA Sustainable Infrastructure Capital

15/02/2024 23:46

* Hannon Armstrong Sustainable Infrastructure Capital Inc
 HASI.N 
reported quarterly adjusted earnings of 53 cents​​ per share for
the quarter ended in December, higher than the same quarter last
year, when the company reported EPS of 47 cents.  The mean
expectation of twelve analysts for the quarter was for earnings
of 58 cents per share. Wall Street expected results to range
from 53 cents to 72 cents per share.
    * Revenue rose 69.2% to $62.17 million from a year ago;
analysts
expected $68.68 million. 
    * Hannon Armstrong Sustainable Infrastructure Capital Inc's
reported EPS for the quarter was 74 cents​.
    * The company reported quarterly net income of $90.99
million.
    * Hannon Armstrong Sustainable Infrastructure Capital Inc
shares
had fallen by 11.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.1%
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 10 "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 Hannon Armstrong
Sustainable Infrastructure Capital Inc is $32.00 
This summary was machine generated from LSEG data February 15 at
11:45 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
 Dec. 31 2023      0.58           0.53           Missed
 Sep. 30 2023      0.53           0.62           Beat
 Jun. 30 2023      0.53           0.53           Met
 Mar. 31 2023      0.54           0.53           Missed