Revenue Update on Hannon Armstrong Sustnbl Infrstr Cap Inc(NYSE:HASI)

Hannon Armstrong Sustnbl Infrstr Cap Inc(NYSE:HASI) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $12.65M. Analysts estimated a revenue of $9.27M. Earnings per share were $0.32. Analysts had estimated an EPS of $0.30.

Hannon Armstrong Sustnbl Infrstr Cap Inc (HASI) shares turned negative on Fridays trading session with the shares closing down -0.14 points or -0.59% at a volume of 1,07,910. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $23.72. The peak price level was also seen at $23.72 while the days lowest was $23.1501. Finally the shares closed at $23.46. The 52-week high of the shares is $23.83 while the 52-week low is $15.46. According to the latest information available, the market cap of the company is $1,016 M.

Several Insider Transactions has been reported to the SEC. On May 10, 2016, Jeffrey Eckel (President and CEO) purchased 20 shares at $20.40 per share price.Also, 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.

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