Hannon Armstrong (HASI) Q3 Earnings and Revenues Surpass Estimates

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Hannon Armstrong (HASI) Q3 Earnings and Revenues Surpass Estimates

Hannon Armstrong (HASI) got here out with quarterly earnings of $0.38 per share, beating the Zacks


Hannon Armstrong (HASI) got here out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.36 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of 8.57%. 1 / 4 in the past, it was anticipated that this supplier of financing for sustainable infrastructure initiatives would publish earnings of $0.34 per share when it truly produced earnings of $0.30, delivering a shock of -11.76%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.

Hannon Armstrong, which belongs to the Zacks REIT and Fairness Belief trade, posted revenues of $22.28 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 28.33%. This compares to year-ago revenues of $15.20 million. The corporate has topped consensus income estimates 3 times during the last 4 quarters.

The sustainability of the…



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