Hannon Armstrong Q1 2024 Adj EPS $0.68 Beats $0.57 Estimate, Sales $68.692M Miss $77.095M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hannon Armstrong (NYSE:HASI) reported Q1 2024 adjusted EPS of $0.68, surpassing the $0.57 estimate, but its sales of $68.692M fell short of the $77.095M forecast, marking a 59.35% increase from the previous year.
May 07, 2024 | 8:22 pm
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Hannon Armstrong reported a Q1 2024 adjusted EPS of $0.68, beating estimates, but sales of $68.692M missed forecasts, despite a significant YOY increase.
The mixed results with an earnings beat but a miss on sales forecasts could lead to a neutral short-term impact on HASI's stock price. The significant year-over-year sales growth indicates underlying strength, potentially balancing investor sentiment.
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