Hannon Armstrong Earnings Reports

Hannon Armstrong (HASI) achieved a 17.02% YoY revenue growth in Q4 2024, reaching $101,298,000. Adjusted EPS increased by 16.98% to $0.62, supported by record investment activity and higher portfolio yields. Despite revenue gains, GAAP net income declined by 21.91% YoY, primarily due to higher interest expenses and other costs. The company remains focused on long-term growth, extending its 8%-10% adjusted EPS growth guidance through 2027.

HA Sustainable Infrastructure Capital (HASI) reported a GAAP EPS of $(0.17) and Adjusted EPS of $0.52 for Q3 2024. Managed assets grew 14% year-over-year to $13.1 billion, and the portfolio increased 15% to $6.3 billion. The company reaffirmed its adjusted EPS growth guidance for 2024-2026 and declared a quarterly dividend of $0.415 per share.

HA Sustainable Infrastructure Capital, Inc. (HASI) reported a strong second quarter of 2024, marked by a new strategic partnership with KKR and a second investment grade rating. Managed assets increased to $13.0 billion, and the portfolio grew to $6.2 billion. The company closed $260 million in transactions during the quarter and reported GAAP EPS of $0.23 and Adjusted EPS of $0.63.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. announced its Q1 2024 results, featuring a strategic partnership with KKR to invest $2 billion in sustainable infrastructure assets. The company reported GAAP diluted EPS of $0.98 and Adjusted EPS of $0.68. The portfolio increased by 36% to $6.4 billion, and managed assets grew by 24% to $12.9 billion.

Hannon Armstrong reported strong financial results for Q4 2023, driven by record closed transactions. The company's GAAP net income was $89.8 million, or $0.74 per share, while distributable earnings were $60.6 million, or $0.53 per share. The company also announced an increase in its quarterly dividend to $0.415 per share and provided new guidance for annual distributable earnings per share growth of 8% - 10% from 2024 to 2026.

Hannon Armstrong announced strong Q3 2023 results, featuring record distributable EPS of $0.62, significant portfolio growth, and reaffirmed guidance. The company's managed assets grew to $11.5 billion, and it closed $973 million of investments during the quarter.

Hannon Armstrong announced second quarter 2023 results, reporting a GAAP diluted EPS of $0.14 and Distributable EPS of $0.53. The company closed $426 million of investments and affirmed its distributable earnings per share growth guidance of 10% to 13% from 2021 to 2024.

Hannon Armstrong announced its Q1 2023 results, reporting GAAP diluted EPS of $0.26 and Distributable EPS of $0.53. The company's portfolio increased by 9% during the quarter and 25% year-over-year, reaching $4.7 billion. Managed assets grew 15% year over year to $10.4 billion. The company affirmed its guidance for 10-13% annualized Distributable EPS growth and 5-8% dividend growth.

Hannon Armstrong reported fourth quarter and full year 2022 results. The company's Distributable EPS grew at 11% CAGR since its first full year of going public. The company affirms guidance that Distributable Earnings Per Share is expected to grow at a compound annual rate of 10% to 13% from 2021 to 2024.

Hannon Armstrong reported strong Q3 2022 results, with GAAP EPS of $0.38 and Distributable EPS of $0.49, representing a 20% year-over-year increase. The company closed $273 million of investments and affirmed its guidance for Distributable Earnings Per Share growth.

Hannon Armstrong reported a GAAP EPS of $(0.21) and Distributable EPS of $0.60 for the second quarter of 2022. The portfolio grew 30% YOY to $3.9 billion. The company reaffirmed guidance that Distributable Earnings Per Share is expected to grow at a compound annual rate of 10% to 13% from 2021 to 2024.

Hannon Armstrong reported a strong first quarter in 2022, with GAAP EPS of $0.51 and Distributable EPS of $0.52, a 21% year-over-year increase. The company closed $331 million in investments, and the portfolio grew 28% year-over-year to $3.7 billion. They also reaffirmed guidance for Distributable Earnings Per Share to grow at a compound annual rate of 10% to 13% from 2021 to 2024.

Hannon Armstrong reported strong Q4 and full year 2021 results, with distributable earnings per share growing by 21% for the year. The company increased and extended its guidance for distributable earnings and dividends through 2024, and raised the dividend to $0.375 per share for Q1 2022.

Hannon Armstrong reported a GAAP EPS loss of $(0.04) and Distributable EPS of $0.41. The company closed $200 million of investments in a seasoned portfolio of residential solar assets, launched a $100 million CarbonCount®-based Commercial Paper Note Program, and grew its portfolio by 45% YOY to $3.2 billion.

Hannon Armstrong announced second-quarter results, reporting GAAP EPS of $0.20 and Distributable EPS of $0.57. The company grew its portfolio by 43% year-over-year to $3.0 billion and managed assets by 29% year-over-year to $8.0 billion. They also declared a dividend of $0.35 per share.

Hannon Armstrong reported strong first quarter results with GAAP EPS of $0.61 and Distributable EPS of $0.43. The company grew its portfolio by 38% year-over-year to $2.9 billion and managed assets by 19% to $7.4 billion. They also declared a dividend of $0.35 per share.

Hannon Armstrong delivered strong results for Q4 2020, with distributable earnings per share above guidance and significant growth in the investment pipeline and portfolio. The company issued new three-year guidance of 7% to 10% compound annual growth in distributable earnings per share.

Hannon Armstrong announced third-quarter results, demonstrating resilience amidst the global pandemic with significant capital raised and invested in climate change solutions. The company reported GAAP EPS of $0.28 and Core EPS of $0.33. They also declared a quarterly dividend of $0.34 per share.

Hannon Armstrong announced strong second-quarter results, demonstrating resilience despite COVID-19. Core earnings grew by 33% year-over-year, and the company remains on track to close more than $1 billion of transactions for the full year 2020. They also announced a partnership with ENGIE to invest up to approximately $540 million in wind and solar assets.

Hannon Armstrong announced its first quarter 2020 results, reporting $0.35 GAAP EPS and $0.43 Core EPS. The company reaffirmed its 2020 Core EPS guidance and raised $550 million in growth capital year-to-date.

Hannon Armstrong announced its Q4 and Full Year 2019 results, reporting a GAAP Net Income of $46.08 million for the quarter and a portfolio growth of 10% QOQ to $2.1 billion. The company also increased its dividend to $0.34 per share for Q1 2020.