Published on 5 Nov 2023 on GuruFocus.com via Yahoo Finance
HASI reports Q3 2023 distributable EPS of $0.62, up from $0.49 a year ago.Year-to-date 2023 volume reaches $1.8 billion with portfolio growth of $1.2 billion.GAAP-based Net Investment Income increases by 50% year over year to $17.0 million.Company affirms guidance, expecting Distributable Earnings Per Share to grow at a compound annual rate of 10% to 13% from 2021 to 2024.
Warning! GuruFocus has detected 5 Warning Signs with HASI.
On November 2, 2023, Hannon Armstrong Sustainable Infrastructure Capital Inc (NYSE:HASI), a leading investor in climate solutions, announced its third-quarter 2023 results. The company reported a record distributable earnings per share (EPS) of $0.62, up from $0.49 in the same quarter last year. The GAAP diluted EPS for the quarter was $0.20, compared to $0.38 a year ago.