* HA Sustainable Infrastructure Capital Inc reported quarterly adjusted earnings of 63 cents per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of eleven analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 51 cents to 69 cents per share.
* Revenue rose 96% to $94.52 million from a year ago; analysts expected $71.55 million.
* HA Sustainable Infrastructure Capital Inc's reported EPS for the quarter was 23 cents.
* The company reported quarterly net income of $26.54 million.
* HA Sustainable Infrastructure Capital Inc shares had risen by 10.7% this quarter and gained 18.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 4.4% in the last three months.
* In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the commercial reits peer group is also "buy"
Wall Street's median 12-month price target for HA Sustainable Infrastructure Capital Inc is $36.00 This summary was machine generated from LSEG data August 1 at 09:41 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 0.63
Mar. 31 2024 0.57 0.68 Beat
Dec. 31 2023 0.58 0.53 Missed
Sep. 30 2023 0.53 0.62 Beat
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