Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, HASI to report 3Q20 income of $ 0.31 per share.
For the full year, analysts anticipate top line of $ 93.52 million, while looking forward to income of $ 1.49 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.43 ~ $ 1.43 per share
Click Here For More Historical Outlooks Of Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Previous Quarter Performance
Hannon Armstrong Sustainable Infrastructure Capital, Inc. unveiled income for the second quarter of $ 0.36 per share, from the revenue of $ 48.59 million. The quarterly earnings elevated 20.00 percent while revenues raised 55.39 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.32 per share from $ 20.52 million in revenue. The bottom line results beat street analysts by $ 0.04 or 12.50 percent, at the same time, top line results outshined analysts by $ 28.07 million or 136.79 percent.
Stock Performance
Shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. traded low $ -0.74 or -1.70 percent on Wednesday, reaching $ 42.80 with volume of 578.10 thousand shares. Hannon Armstrong Sustainable Infrastructure Capital, Inc. has traded high as $ 43.76 and has cracked $ 41.90 on the downward trend
The closing price of $ 42.80, representing a 190.07 % increase from the 52 week low of $ 15.01 and a 6.24 % decrease over the 52 week high of $ 46.44.
The company has a market capital of $ 3.19 billion and is part of the Real Estate sector and REIT – Diversified industry.
Recent Analyst recommendations
- On 18th September 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 37.00 target price.
Recent Stock Dividend Announcement
On August 6, 2020, the board of directors authorized quarterly dividend of $ 0.34 per share to holders of record as of the close of business on October 2, 2020, with payment date of October 9, 2020 and ex-dividend date on October 1, 2020.
Conference Call
Hannon Armstrong Sustainable Infrastructure Capital, Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hannonarmstrong.com
Hannon Armstrong Sustainable Infrastructure Capital, Inc. provides capital and services to the energy efficiency, renewable energy, and other sustainable infrastructure markets in the United States. The companys projects include energy efficiency projects that reduce a buildings or facilitys energy usage or cost through the use of solar generation, including heating, ventilation, and air conditioning systems, as well as lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.
