Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $0.32 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.30. The company posted revenue of $21.90 million in the period, compared to analysts expectations of $10.01 million. The company’s revenue was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.
Hannon Armstrong Sustnbl Infrstr Cap Inc closed down -0.61 points or -2.67% at $22.2 with 2,65,594 shares getting traded on Tusday. Post opening the session at $22.8, the shares hit an intraday low of $22.08 and an intraday high of $22.8 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on May 10, 2016, Jeffrey Eckel (President and CEO) purchased 20 shares at $20.40 per share price. According to the SEC, on Mar 8, 2016, M Rhem Wooten (Executive Vice President) purchased 830 shares at $17.96 per share price. On Mar 3, 2016, Mark Cirilli (director) purchased 14,297 shares at $17.70 per share price, according to the Form-4 filing with the securities and exchange commission.
Hannon Armstrong Sustainable Infrastructure Capital Inc. provides debt and equity financing to the energy efficiency and renewable energy markets. The Company focuses its investment activities primarily on energy efficiency projects renewable energy projects and other sustainable infrastructure projects. Energy Efficiency Projects includes projects undertaken by energy services companies (ESCOs) which reduce a building’s or facility’s energy usage or cost through the design and installation of various building components including heating ventilation and air conditioning systems (HVAC systems) lighting energy controls roofs windows and/or building shells. Renewable energy projects include projects that deploy cleaner energy sources such as solar and wind to generate power production. Other sustainable infrastructure projects include water or communications infrastructure that improve water or energy efficiency.