Hannon Armstrong (HASI) Posts Mixed Q4 Results

Hannon Armstrong (NYSE: HASI) reported Q4 EPS of $0.25, $0.03 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $16.2 million versus the consensus estimate of $10.14 million.

The Company projects annualized Core Earnings growth in the range of 14% to 19% per diluted share for 2016 and continued double-digit Core Earnings growth for 2017. This guidance reflects the Company's estimates of (i) yield on its existing Portfolio; (ii) yield on incremental Portfolio investments, inclusive of the Company's existing pipeline; (iii) amount, timing, and costs of debt and equity capital to fund new investments; and (iv) changes in costs and expenses reflective of the Company's forecasted operations. All guidance is based on current expectations of future economic conditions, the dynamics of the markets in which it operates and the judgment of the Company's management team.

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

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