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

HA Sustainable Infrastructure Capital

03/11/2023 06:53

* Hannon Armstrong Sustainable Infrastructure Capital Inc
 HASI.N 
reported quarterly adjusted earnings of 62 cents​​ per share for
the quarter ended in September, higher than the same quarter
last year, when the company reported EPS of 49 cents.  The mean
expectation of ten analysts for the quarter was for earnings of
53 cents per share. Wall Street expected results to range from
46 cents to 57 cents per share.
    * Revenue rose 161.9% to $89.85 million from a year ago;
analysts
expected $48.30 million. 
    * Hannon Armstrong Sustainable Infrastructure Capital Inc's
reported EPS for the quarter was 20 cents​.
    * The company reported quarterly net income of $21.65
million.
    * Hannon Armstrong Sustainable Infrastructure Capital Inc
shares
had fallen by 11.3% this quarter and lost 35.1% so far this
year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
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 9 "strong buy" or "buy," 2
"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 $29.50 
This summary was machine generated from LSEG data November 3 at
06:52 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.49           0.47           Missed