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Here's What Key Metrics Tell Us About HA Sustainable Infrastructure Capital (HASI) Q3 Earnings
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For the quarter ended September 2024, HA Sustainable Infrastructure Capital (HASI - Free Report) reported revenue of $21.33 million, down 42% over the same period last year. EPS came in at $0.52, compared to $0.62 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $21.3 million, representing a surprise of +0.15%. The company delivered an EPS surprise of -5.45%, with the consensus EPS estimate being $0.55.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how HA Sustainable Infrastructure Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Gain on sale of assets: $7.68 million compared to the $10.93 million average estimate based on four analysts. The reported number represents a change of -65.7% year over year.
Revenue- Other income: $1.05 million versus the three-analyst average estimate of $0.67 million.
Revenue- Rental Income: $0.08 million versus the three-analyst average estimate of $0.18 million. The reported number represents a year-over-year change of -98.6%.
Revenue- Interest Income: $64.07 million versus $64.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +18% change.
Revenue- Securitization asset income: $9.08 million versus the three-analyst average estimate of $5.58 million.
Shares of HA Sustainable Infrastructure Capital have returned -6.8% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About HA Sustainable Infrastructure Capital (HASI) Q3 Earnings
For the quarter ended September 2024, HA Sustainable Infrastructure Capital (HASI - Free Report) reported revenue of $21.33 million, down 42% over the same period last year. EPS came in at $0.52, compared to $0.62 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $21.3 million, representing a surprise of +0.15%. The company delivered an EPS surprise of -5.45%, with the consensus EPS estimate being $0.55.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how HA Sustainable Infrastructure Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Gain on sale of assets: $7.68 million compared to the $10.93 million average estimate based on four analysts. The reported number represents a change of -65.7% year over year.
- Revenue- Other income: $1.05 million versus the three-analyst average estimate of $0.67 million.
- Revenue- Rental Income: $0.08 million versus the three-analyst average estimate of $0.18 million. The reported number represents a year-over-year change of -98.6%.
- Revenue- Interest Income: $64.07 million versus $64.61 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +18% change.
- Revenue- Securitization asset income: $9.08 million versus the three-analyst average estimate of $5.58 million.
View all Key Company Metrics for HA Sustainable Infrastructure Capital here>>>Shares of HA Sustainable Infrastructure Capital have returned -6.8% over the past month versus the Zacks S&P 500 composite's +3.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.