Hannon Armstrong (HASI) Tops Q2 EPS by 6c, Beats on Revenue; Offers Guidance

Hannon Armstrong (NYSE: HASI) reported Q2 EPS of $0.63, $0.06 better than the analyst estimate of $0.57. Revenue for the quarter came in at $94.52 million versus the consensus estimate of $93.97 million.

"We confirm our guidance for both adjusted earnings per share and dividend payout ratio. We continue to expect annual adjusted earnings per share to grow at a compounded annual rate of 8% to 10% from 2024 to 2026, relative to the 2023 baseline of $2.23 per share, which is equivalent to a 2026 midpoint of $2.89 per share. We also expect distributions of annual dividends per share from 2024 to 2026 at a payout ratio of between 60% and 70% of annual adjusted earnings per share."

For earnings history and earnings-related data on Hannon Armstrong (HASI) click here.

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