Hannon Armstrong (HASI) Tops Q3 EPS by 3c
Hannon Armstrong (NYSE: HASI) reported Q3 EPS of $0.36, $0.03 better than the analyst estimate of $0.33.
- Delivered $0.30 GAAP EPS in the third quarter of 2018, compared to $0.14 in the third quarter of 2017
- Delivered $0.36 Core EPS in the third quarter of 2018, compared to $0.31 in the third quarter of 2017
- Confirming expected 2018 annual Core EPS growth guidance
- Closed $553 million of transactions in the quarter, totaling approximately $861 million of transactions through September 30, 2018, compared to approximately $751 million in the same period in 2017
- Pipeline remains over $2.5 billion
- Fixed-rate debt level of 77% as of September 30, 2018
- Debt to equity ratio of 2.4 to 1 as of September 30, 2018
- An estimated 286,000 metric tons of annual carbon emissions will be offset annually by third quarter transactions equating to a CarbonCount® score of 0.52 metric tons per $1,000 invested
For earnings history and earnings-related data on Hannon Armstrong (HASI) click here.
