2023-05-04 16:50:17 ET
- Hannon Armstrong press release ( NYSE: HASI ): Q1 Non-GAAP EPS of $0.53 in-line.
- Revenue of $69.1M (+18.2% Y/Y) beats by $34.48M .
- Affirm guidance that Distributable Earnings Per Share is expected to grow at a compound annual rate of 10% to 13% from 2021 to 2024, relative to the 2020 baseline of $1.55 per share, which is equivalent to a 2024 midpoint of $2.40 per share
- Increased Portfolio by 9% in the quarter and 25% in the last twelve months to $4.7 billion. Managed assets grew 15% year over year to $10.4 billion
- Increased GAAP-based Net Investment Income of $12.4 million by 23% and Distributable Net Investment Income of $47.1 million by 11% year over year
- Closed $389 million of investments in the first quarter of 2023, up 18% from a year ago
- Shares +4.34% .
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Hannon Armstrong Non-GAAP EPS of $0.53 in-line, revenue of $69.1M beats by $34.48M