earnings
confidence high
sentiment neutral
materiality 0.70
HASI Q3: GAAP EPS $(0.17), adjusted EPS $0.52; reaffirms 8-10% CAGR guidance
HA Sustainable Infrastructure Capital, Inc.
2024-Q3 EPS reported
$1.09
revenue$282,298,000
- GAAP net loss $19.6M ($0.17 diluted loss); adjusted EPS $0.52 vs $0.62 a year ago.
- Managed assets $13.1B (+14% YoY); portfolio $6.3B (+15% YoY); YTD investments $1.2B.
- Guidance upheld: adjusted EPS CAGR 8-10% from 2024 to 2026, 2026 midpoint $2.89.
- Quarterly dividend declared at $0.415 per share; no change from prior rate.
- Weighted average interest cost 5.6% (Q3 2023: 4.9%); debt-to-equity 1.8x.