earnings
confidence high
sentiment neutral
materiality 0.70
HASI Q1 GAAP EPS falls to $0.26 from $0.51; portfolio grows to $4.7B
HA Sustainable Infrastructure Capital, Inc.
2023-Q1 EPS reported
$0.26
revenue$69,101,000
- GAAP diluted EPS $0.26 vs $0.51 in Q1 2022; net income $24M vs $45M.
- Distributable EPS $0.53 vs $0.52; distributable net investment income up 11% to $47.1M.
- Portfolio grew 9% to $4.7B; closed $389M investments, up 18% YoY.
- Declared dividend $0.395 per share; reaffirms 10-13% distributable EPS growth guidance.
- Leadership transition: Jeff Eckel Exec Chair, Jeffrey Lipson CEO, Marc Pangburn CFO.