Hannon Armstrong (HASI) Tops Q4 EPS by 3c
Hannon Armstrong (NYSE: HASI) reported Q4 EPS of $0.40, $0.03 better than the analyst estimate of $0.37. Revenue for the quarter came in at $21.9 million versus the consensus estimate of $20.61 million.
"We ended 2019 with impressive execution and were able to increase the portfolio by 10% in the quarter, net of asset dispositions, which sets us up well for strong core net investment income in 2020,\" said Jeffrey W. Eckel, Hannon Armstrong Chairman and CEO.
\"Going forward, our demonstrated capacity to fund the more than $2.5 billion pipeline of climate change solutions from our growing client base gives us confidence we can grow above the previous 4% annual growth rate guidance.
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