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London
July 4, 2024
PI Global Investments
Infrastructure

EPS Beats Expectations, Revenues Lag


Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) Full Year 2023 Results

Key Financial Results

  • Revenue: US$137.0m (up 23% from FY 2022).

  • Net income: US$148.8m (up 265% from FY 2022).

  • EPS: US$1.46 (up from US$0.47 in FY 2022).

earnings-and-revenue-growthearnings-and-revenue-growth

earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hannon Armstrong Sustainable Infrastructure Capital EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 59%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 37% growth forecast for the Mortgage REITs industry in the US.

Performance of the American Mortgage REITs industry.

The company’s shares are up 10.0% from a week ago.

Risk Analysis

We don’t want to rain on the parade too much, but we did also find 3 warning signs for Hannon Armstrong Sustainable Infrastructure Capital (2 can’t be ignored!) that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.



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