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

HA Sustainable Infrastructure Capital

07/05/2024 23:30

* Hannon Armstrong Sustainable Infrastructure Capital Inc
 HASI.N 
reported quarterly adjusted earnings of 68 cents​​ per share for
the quarter ended in March, higher than the same quarter last
year, when the company reported EPS of 53 cents.  The mean
expectation of eleven analysts for the quarter was for earnings
of 57 cents per share. Wall Street expected results to range
from 53 cents to 62 cents per share.
    * Revenue rose 59.3% to $68.69 million from a year ago;
analysts
expected $77.10 million. 
    * Hannon Armstrong Sustainable Infrastructure Capital Inc's
reported EPS for the quarter was 98 cents​.
    * The company reported quarterly net income of $123.03
million.
    * Hannon Armstrong Sustainable Infrastructure Capital Inc
shares
had fallen by 8.2% this quarter and lost 5.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Hannon
Armstrong
Sustainable Infrastructure Capital Inc is $32.50 

This summary was machine generated from LSEG data May 7 at 10:30
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
 Mar. 31 2024      0.57           0.68           Beat
 Dec. 31 2023      0.58           0.53           Missed
 Sep. 30 2023      0.53           0.62           Beat
 Jun. 30 2023      0.53           0.53           Met