earnings
confidence high
sentiment positive
materiality 0.85
HASI Q1 GAAP EPS $0.98 vs $0.26 YoY, forms $2B KKR partnership
HA Sustainable Infrastructure Capital, Inc.
2024-Q1 EPS reported
$0.98
revenue$105,816,000
- GAAP diluted EPS $0.98 vs $0.26 YoY; Adjusted EPS $0.68 vs $0.53 YoY.
- Portfolio grew 36% to $6.4B; pipeline over $5.5B.
- Announced $2B strategic partnership with KKR to invest in sustainable infrastructure assets.
- Guidance: Adj. EPS CAGR 8-10% from 2024-2026; Q2 dividend $0.415/share.
- Revenue up $37M on larger portfolio and higher rates; adjusted net investment income up 37%.