HASI Q2 adjusted EPS beats estimates; raises 2028 outlook

HA Sustainable Infrastructure Capital

06/08/2026 21:18

Overview
US sustainable infrastructure investor's Q2 adjusted EPS rose, beating analyst expectations
GAAP EPS for Q2 increased to $0.92 from $0.74 a year earlier
Company raised 2028 adjusted EPS guidance and maintained adjusted ROE target

Outlook
HASI raises 2028 Adjusted EPS guidance to $3.55-$3.65 from $3.50-$3.60
Company maintains guidance for Adjusted ROE of more than 17% in 2028
HASI expects annual dividends per share to fall below 50% of Adjusted EPS by 2028

Result Drivers
PORTFOLIO GROWTH - Adjusted Recurring Net Investment Income rose 26% year-over-year, driven by a larger portfolio of higher-yielding assets
HIGHER YIELDS - Weighted average yields on new portfolio investments exceeded 11% during Q2, contributing to increased investment income
CO-INVESTMENT VEHICLES - Growing fee income from co-investment vehicles and increased assets held by partners supported recurring income

Company press release: ID:nBwcbRFCTa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.75
$0.73 (14 Analysts)
Q2 EPS
 
$0.92
 
Q2 Adjusted Earnings
 
$99 mln
 
Q2 Net Income
 
$131.78 mln
 

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(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.)