Hannon Armstrong (HASI) Tops Q4 EPS by 6c

Hannon Armstrong (NYSE: HASI) reported Q4 EPS of $0.37, $0.06 better than the analyst estimate of $0.31. Revenue for the quarter came in at $39.2 million, versus $27.1 million reported last year.

"Our strong Q4 and FY 2018 earnings resulted from the successful execution of our business plan in virtually all of our target markets. We demonstrated the flexibility of our business model by using both securitizations and accretive balance sheet additions to simultaneously solve our clients’ need for more capital, while delivering attractive risk-adjusted returns for 2018, and laying the foundation for future years," said Jeffrey Eckel, President & CEO. "Looking ahead, our pipeline continues to strengthen as our target markets develop, our client base expands and the addressable market for investing in solutions for climate change grows."

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

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