Hannon Armstrong (HASI) Tops Q1 EPS by 3c

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Hannon Armstrong Announces First Quarter 2016 Financial Results; 19% Increase in Core Earnings to $0.32 Per Share

May 4, 2016 4:20 PM EDT

ANNAPOLIS, Md., May 4, 2016 /PRNewswire/ -- Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," "we," "our" or the "Company;" NYSE: HASI), a leading provider of debt and equity financing to the energy efficiency and renewable energy markets, today reported Core Earnings, a non GAAP financial measure for the quarter ended March 31, 2016, were $12.2 million, or $0.32 per share, as compared to $7.4 million, or $0.27 per share, in the same period in 2015, a 19% increase per share.  

On a GAAP basis, the Company recorded... More