Hannon Armstrong (HASI) Misses Q4 EPS by 1c, Beats on Revenues
Note: EPS may not be comparable
Hannon Armstrong (NYSE: HASI) reported Q4 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $27.1 million versus the consensus estimate of $9.91 million.
Highlights
- Closed approximately $1 billion of transactions for the year
- Delivered 78% annual GAAP EPS growth and 6% annual Core EPS growth in 2017
- Over $2.5 billion widely diversified pipeline
- Over 25% annual growth in balance sheet to approximately $2.3 billion, diversified across approximately 175 separate investments
- Achieved a fixed-rate debt level of 92% as of December 31, 2017
- Declared Q4 2017 dividend of $0.33 per share, for an annualized yield of 6.3% based on our closing stock price of $20.99 on February 20, 2018
- An estimated 530,000 metric tons of annual carbon emissions will be offset by our 2017 transactions equating to a CarbonCount® score of 0.56, or 0.56 metric tons per $1,000 invested
For earnings history and earnings-related data on Hannon Armstrong (HASI) click here.
