HASI

Ameresco’s second quarter was marked by significant operational achievements, which the market responded to with a substantial increase in the company's share price. Management credited the quarter’s momentum to a surge in new project awards, particularly $1.2 billion in data center contracts and another $600 million across other markets. CEO George Sakellaris highlighted the strategic value of these data center wins, noting that Ameresco’s ability to deliver integrated energy infrastructure solutions was pivotal. The company also closed a major joint venture with HASI, further strengthening its capital resources and expanding its reach into European compliance markets. Is now the time to buy AMRC? Find out in our full research report (it’s free). Revenue: $515.5 million vs analyst estimates of $460.5 million (9.1% year-on-year growth, 11.9% beat) Adjusted EPS: $0.20 vs analyst estimates of $0.20 (in line) Adjusted EBITDA: $62.81 million vs analyst estimates of $60.84 million (12.2% margin, 3.2% beat) The company reconfirmed its revenue guidance for the full year of $2.1 billion at the midpoint Management raised its full-year Adjusted EPS guidance to $1.25 at the midpoint, a 6.8% increase EBITDA guidance for the full year is $260 million at the midpoint, below analyst estimates of $265.9 million Operating Margin: 8.6%, up from 5.9% in the same quarter last year Market Capitalization: $1.36 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. George Gianarikas (Canaccord Genuity) asked about risk-sharing and financial exposure for data center projects in case of delivery delays. Co-President Nicole Bulgarino responded that Ameresco remains highly diligent about contractual commitments to minimize potential risks. Stephen Gengaro (Stifel) pressed for details on how quickly new awards would convert to revenue. CEO George Sakellaris explained that awarded projects typically take 6 to 24 months to become contracted, with implementation spanning one to three years depending on project complexity. Eric Stine (Craig-Hallum) inquired about the size and stage of the pipeline beyond the $1.2 billion in new awards. Sakellaris and Bulgarino confirmed a robust pipeline, noting that additional projects are under consideration and could increase the total award value. Joseph Osha (Guggenheim Partners) questioned whether data center projects will be treated as asset sales or recognized as engineering, procurement, and construction (EPC) revenue. Chief Investment Officer Joshua Baribeau clarified these will be recognized as traditional EPC revenue. Swetha Rakhecha (Cantor Fitzgerald) sought clarification on customer types and risk management for data center projects, including concerns about zoning and local opposition. Bulgarino emphasized Ameresco’s approach of partnering with experienced local stakeholders and prioritizing federal government sites to reduce community risk. In the coming quarters, our analyst team will be watching (1) the pace at which awarded data center projects move into contracted backlog, (2) execution on major infrastructure projects that could expand recurring revenue, and (3) progress in leveraging new capital partnerships like Neogenyx for future project financing. Additionally, successful navigation of regulatory and supply chain challenges will be key markers of execution. Ameresco currently trades at $26.53, up from $22.73 just before the earnings. Is there an opportunity in the stock? See for yourself in our full research report (it’s free for active Edge members). ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren’t just high-quality businesses. Something is happening with them right now. Elite fundamentals meet near-term momentum — both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week’s Strong Momentum stocks — FREE. Get Our Strong Momentum Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+1,154% between June 2020 and June 2025). Find your next big winner with StockStory today.

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. HA Sustainable Infrastructure Capital (HASI) drew fresh attention on August 6, 2026, after reporting second quarter results and affirming its quarterly dividend, giving investors new information on earnings, cash flow, and capital deployment. See our latest analysis for HA Sustainable Infrastructure Capital. HA Sustainable Infrastructure Capital's 1 day share price return of 6.38% and year to date share price return of 27.84% suggest improving momentum, while the 1 year total shareholder return of 66.15% contrasts with a weaker 5 year total shareholder return and indicates a recovery from earlier pressures. If earnings driven moves like this have your attention, it can be useful to see what else is setting up for potential growth in the market through the 37 power grid technology and infrastructure stocks Bulls point to HA Sustainable Infrastructure Capital's strong second quarter figures and recent share price jump. Bears focus on the mixed multi year track record. Which side do the current valuation signals support next? HA Sustainable Infrastructure Capital closed at $40.68, and it trades on a P/E of 61.5x, which is high compared to both peers and the broader US diversified financials industry. The P/E ratio compares the current share price to earnings per share. For a company like HA Sustainable Infrastructure Capital that focuses on sustainable infrastructure investments, a higher P/E can reflect expectations that earnings will grow from a relatively low current base rather than current earnings alone. Here, the gap is wide. HASI trades on 61.5x earnings, while the US diversified financials industry average is 16.9x and the peer average is 7.7x. The estimated fair P/E from the SWS model is 18.2x, which is far lower than where the stock trades today and indicates that the market is pricing in a much richer earnings outlook than that fair ratio implies. Explore the SWS fair ratio for HA Sustainable Infrastructure Capital Result: Price-to-Earnings of 61.5x (OVERVALUED) However, HA Sustainable Infrastructure Capital still carries risks, including a much higher P/E than peers and a mixed 5 year total shareholder return that could pressure sentiment. Find out about the key risks to this HA Sustainable Infrastructure Capital narrative. The high P/E ratio presents HA Sustainable Infrastructure Capital as expensive, but the SWS DCF model points in a different direction. At a share price of $40.68 and a future cash flow value estimate of $52, the stock appears undervalued based on this model. Which signal carries more weight for you right now? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out HA Sustainable Infrastructure Capital for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 52 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. With HA Sustainable Infrastructure Capital showing both flagged risks and potential rewards, it makes sense to look through the details yourself and move quickly to form a clear view. To see both sides laid out in one place, start with these 3 key rewards and 3 important warning signs. If you like what you see with HA Sustainable Infrastructure Capital but do not want to rely on a single stock, you can broaden your watchlist using focused screeners that surface clear, data driven ideas. Target potential mispricings by reviewing companies that screen as high quality yet currently cheap through the 52 high quality undervalued stocks. Strengthen the defensive side of your portfolio by focusing on businesses with healthier finances using the solid balance sheet and fundamentals stocks screener (48 results). Aim to get ahead of the crowd by scanning lesser known opportunities with sturdy fundamentals through the screener containing 21 high quality undiscovered gems. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HASI. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Interested in HA Sustainable Infrastructure Capital, Inc.? Here are five stocks we like better. Strong second-quarter performance: Adjusted EPS rose 25% year over year to $0.75, while managed assets increased 20% to $17.6 billion and adjusted return on equity exceeded 15% for a second consecutive quarter. Guidance and investment activity increased: HASI raised its 2028 adjusted EPS guidance to $3.55–$3.65 and completed $1.7 billion of investments in the first half, keeping it on track for its 2026 target of $2 billion–$3 billion in new balance-sheet or CCH1 transactions. Demand and funding remain supportive: The investment pipeline stayed above $6.5 billion, driven by renewable power, storage and related infrastructure demand, while $2.2 billion in liquidity, expanded credit capacity and limited equity issuance supported capital efficiency. 3 Energy Stocks Built for the AI Power Boom—And Beyond HA Sustainable Infrastructure Capital (NYSE:HASI) reported second-quarter adjusted earnings per share of $0.75, up 25% from a year earlier, as the company expanded its investment portfolio, generated fee and gain-on-sale income and maintained capital efficiency without issuing shares through its at-the-market program. President and CEO Jeff Lipson said the company completed more than $1 billion of new investments during the quarter and more than $1.7 billion year to date. Managed assets reached $17.6 billion at quarter-end, a 20% increase from the prior year, while the company’s adjusted return on equity exceeded 15% for the second consecutive quarter. → Sandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is Falling Dividend Growth Is Heating Up: 3 Stocks With Steady Payout Gains Based on its first-half performance and outlook for investment activity, fees, portfolio yields and borrowing costs, HASI raised its 2028 adjusted EPS guidance to a range of $3.55 to $3.65, from prior guidance of $3.50 to $3.60. The company reaffirmed its target for adjusted return on equity of more than 17% in 2028. Chief Financial Officer Chuck Melko said adjusted EPS totaled $1.52 in the first half of 2026, while adjusted earnings rose 31% year over year to $200 million. Adjusted recurring net investment income increased 27% to $208 million in the first half. → 4 Oil and Gas ETF Plays as Prices Stay Sky-High 5 Highly Rated Dividends With 50% Upside According to Analysts Gain-on-sale revenue reached $39 million, and origination fees and other income rose to $17 million. Melko said HASI expects gain-on-sale revenue for the full year to be similar to the prior-year level. Closed transactions totaled $1.7 billion in the first half, including $1.4 billion expected to be held on HASI’s balance sheet or through its CCH1 co-investment vehicle. The company said it remains on track to meet its 2026 target of $2 billion to $3 billion in new balance-sheet or CCH1 transactions. → No Hangover: Revisiting Microsoft One Week After Earnings The first-half transactions were diversified and were underwritten at returns above 11%, Melko said, aided in part by the expected return from the company’s NeoGenix investment, which closed in the second quarter. HASI’s on-balance-sheet portfolio grew 14% year over year to $8.2 billion, while assets held at CCH1 reached $2.9 billion. Melko said the company’s portfolio spans nine asset classes and has recorded an average annual loss rate of less than 10 basis points. Lipson said ongoing demand for electricity capacity remains a central driver of investment activity. He characterized renewable energy as a low-cost and relatively fast-to-market option for meeting growing power demand, citing Lazard’s levelized cost of energy analysis and forecasts for renewable additions to the U.S. grid. The company’s investment pipeline remained above $6.5 billion after more than $1 billion of second-quarter closings. Lipson cited utility-scale renewable demand, rising retail electricity rates, increased battery attachment rates and renewable natural gas development as factors supporting the pipeline. During the question-and-answer session, Lipson said HASI had not observed systemic delays among its partners or project pipeline, despite investor concerns about possible delays at large projects and data-center-related development. While individual energy projects can experience schedule changes, he said delays had not been a material theme for the company. HASI also completed funding in July for its $1.2 billion investment in SunZia, a clean-energy infrastructure project developed and majority owned by Pattern Energy. The company announced the investment last November and described SunZia as the largest clean-energy infrastructure project in the Western Hemisphere to date. Management emphasized the company’s access to varied funding sources, including CCH1, investment-grade bonds, junior subordinated debt, commercial paper and its revolving credit facility. HASI recently increased the revolver’s capacity to $2.25 billion and extended its maturity to 2031. Melko said HASI had $2.2 billion of liquidity at the end of the quarter. The company also consolidated its unsecured term loans into a single $400 million loan due in 2029 and said it does not have a senior note maturity until 2030. The company’s June debt issuance had an effective cost of 5.6%, according to Melko. He said that absent improved debt spreads and the company’s hedging program, the cost would have been about 6.3% because of higher base rates since its February issuance. Lipson said HASI has offset roughly 300 basis points of higher base rates since 2021 through a comparable increase in investment returns, while its debt spreads have improved by more than 140 basis points over the period. He said those trends have supported margin and return-on-equity expansion. Management also highlighted reduced equity issuance as a contributor to capital efficiency. HASI recorded no at-the-market issuance in the second quarter and none so far in 2026, although Melko said the company still expects minimal issuance for the full year. Lipson said CCH1 is expected to reach capacity either late this year or, more likely, early next year. HASI is working on a successor vehicle, CCH2, and expects a transition around the time CCH1 reaches capacity. If needed, Lipson said HASI and KKR could increase CCH1’s capacity or the company could retain investments on its own balance sheet. The company is also seeking to diversify beyond its core wind, solar, storage and renewable natural gas investments. Lipson said transportation investments have grown to more than $325 million cumulatively. HASI also closed its first water infrastructure investment in the third quarter, which Lipson described as an operating wastewater treatment facility with a municipality under contract. Management said it sees potential opportunities in sustainable agriculture as well. Lipson said new asset classes could provide additional diversification and growth over time, though wind, solar, storage and renewable natural gas are expected to remain the majority of the company’s activity. Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals. Hannon Armstrong's core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "HA Sustainable Infrastructure Capital Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Shares of HA Sustainable Infrastructure Capital, Inc. HASI gained 2% in the after-market trading following the release of the company’s second-quarter 2026 results. Adjusted earnings of 75 cents per share surpassed the Zacks Consensus Estimate of 73 cents. The bottom line increased 25% year over year.Results primarily benefited from an increase in revenues. The portfolio activity remained solid during the quarter. However, an increase in expenses hurt the results to some extent.GAAP net income attributable to controlling stockholders was $128.6 million or 92 cents per share, up from $98.4 million or 74 cents per share in the prior-year quarter. Quarterly total revenues increased 41% year over year to $120.8 million.Interest and rental income increased 25.3% year over year to $84.5 million, driven by higher yields on investments and investment fundings, while gain on sale of assets increased significantly to $15.8 million.Management fees and retained interest income was $12.9 million, up 43% from the prior-year quarter. Origination fees and other income increased significantly to $7.6 million.Total expenses increased 5.2% year over year to $110.9 million. The rise was due to an increase in interest expenses, compensation and benefits costs, and general and administrative costs. However, in the reported quarter, the company recorded a provision benefit on receivables and retained interests in securitization trusts against a loss in the prior-year quarter. As of June 30, 2026, managed assets totaled $17.6 billion, up 20% from June 30, 2025.The total portfolio value was $8.2 billion as of June 30, 2026. In the reported quarter, the portfolio yield was 9.2%, up from 8.2% in the prior-year quarter due to the funding of higher-yielding portfolio assets. In second-quarter 2026, the company closed new transactions totaling $1.1 billion, including $975 million in transactions to be held on its balance sheet or at its co-investment structures.As of June 30, 2026, HA Sustainable’s pipeline was more than $6.5 billion. As of June 30, 2026, cash and cash equivalents were $250 million, and total liquidity was $2.2 billion, including $1.9 billion of unused capacity under the company’s revolving credit facility and commercial paper program. Total debt outstanding was $5.9 billion as of June 30, 2026. As of the same date, total assets were $8.9 billion, up from $8.2 billion as of Dec. 31, 2025. The company raised its adjusted EPS guidance for 2028 to $3.55-$3.65 from $3.50-$3.60.Management expects adjusted ROE in 2028 to be equal to or more than 17%. HA Sustainable is expected to continue to benefit from sustained high-yield investments, growing recurring income streams and ample liquidity, positioning it for durable earnings growth and portfolio expansion. However, rising expenses and funding costs, along with renewable energy policy uncertainty, could slow capital deployment, pressure margins and increase earnings volatility. HA Sustainable Infrastructure Capital, Inc. price-consensus-eps-surprise-chart | HA Sustainable Infrastructure Capital, Inc. Quote Currently, HASI carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. KKR & Co. Inc. KKR reported second-quarter 2026 adjusted net income per share of $1.63, surpassing the Zacks Consensus Estimate of $1.42. The bottom line rose from $1.18 in the prior-year quarter.KKR’s results primarily reflected impressive growth in assets under management and transaction fees for the capital markets business. However, an increase in expenses acted as a headwind.Blackstone’s BX second-quarter 2026 distributable earnings of $1.52 per share outpaced the Zacks Consensus Estimate of $1.33. The figure jumped 26% from the prior-year quarter.BX’s results benefited from a rise in AUM and higher revenues. An increase in GAAP expenses was the undermining factor. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HA Sustainable Infrastructure Capital, Inc. (HASI) : Free Stock Analysis Report Blackstone Inc. (BX) : Free Stock Analysis Report KKR & Co. Inc. (KKR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

HA Sustainable Infrastructure Capital (HASI) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.6 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.74%. A quarter ago, it was expected that this provider of financing for sustainable infrastructure projects would post earnings of $0.68 per share when it actually produced earnings of $0.77, delivering a surprise of +13.24%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. HA Sustainable Infrastructure Capital, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $44.33 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 144.90%. This compares to year-ago revenues of $4.9 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. HA Sustainable Infrastructure Capital shares have added about 21.4% since the beginning of the year versus the S&P 500's gain of 12.8%. While HA Sustainable Infrastructure Capital has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for HA Sustainable Infrastructure Capital was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.73 on $17.3 million in revenues for the coming quarter and $3.02 on $72.7 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, XP Inc.A (XP), has yet to report results for the quarter ended June 2026. This company is expected to post quarterly earnings of $0.51 per share in its upcoming report, which represents a year-over-year change of +18.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. XP Inc.A's revenues are expected to be $976.54 million, up 24.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HA Sustainable Infrastructure Capital, Inc. (HASI) : Free Stock Analysis Report XP Inc. (XP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ANNAPOLIS, Md., August 06, 2026--(BUSINESS WIRE)--HA Sustainable Infrastructure Capital, Inc. ("HASI," "we," "our" or the "Company") (NYSE: HASI), a leading investor in sustainable infrastructure assets, today reported results for the second quarter of 2026. Key Highlights GAAP EPS of $0.92, compared with $0.74 in Q2 2025, and Adjusted EPS of $0.75, compared to $0.60 in Q2 2025. GAAP-based Net Investment Income was $9.9 million in Q2, and Adjusted Recurring Net Investment Income totaled $107 million in Q2, up 26% year-over-year. GAAP-based ROE was 20.3% in Q2 2026, and Adjusted ROE increased to 15.2% in Q2 2026. Managed Assets grew 20% year-over-year to $17.6 billion as of June 30, 2026. Closed more than $1.4 billion in balance sheet/CCH1 transactions year-to-date through the second quarter of 2026 with new asset yields on Portfolio investments >11%. Issued no new shares through our ATM year-to-date and continue to expect minimal ATM share issuances in 2026 based on current outlook for $2-3 billion in new balance sheet/CCH1 investments this year. Issued $1 billion in unsecured notes at an effective cost of ~5.6%, and in July increased the capacity of our revolver by $425 million to $2.25 billion. Raising guidance for Adjusted EPS to a range of $3.55 to $3.65, up from $3.50 to $3.60, and maintaining guidance for Adjusted ROE of at least 17.0% in 2028. "We are very pleased with our first half results as investment activity remained elevated due to heightened demand for new electric generation coupled with our programmatic partnerships," said HASI President and Chief Executive Officer Jeffrey A. Lipson. "Our outlook for new investment volumes, expanding investment margins enabled by steadily improving debt spreads, and growing fee income from our co-investment vehicles allows us to increase guidance for 2028 Adjusted EPS to $3.55 - $3.65 from $3.50 - $3.60." A summary of our financial results is detailed in the table below: GAAP Net Income and Adjusted Earnings "In Q2, we continued to manage our cost of capital with a further improvement in our spreads in our last debt issuance in June," said HASI Chief Financial Officer, Chuck Melko. "In addition, with no shares issued through our ATM so far this year, we remain on track for minimal ATM share issuances in 2026, which supports further growth in our Adjusted ROE from more than 15% in the first half of 2026 to our guidance of more than 17% in 2028." GAAP Earnings and EPS GAAP net income to controlling stockholders was $129 million in Q2 2026, compared to $98 million in Q2 2025. GAAP diluted earnings per share was $0.92 in Q2 2026, compared to $0.74 in Q2 2025. GAAP income in the current period was driven by total revenue of $121 million and income from equity method investments of $179 million, which were partially offset by total expenses of $111 million and income tax expense of $57 million. Adjusted Earnings and EPS Adjusted Earnings were $99 million in Q2 2026, driven by Adjusted Recurring Net Investment Income of $107 million, Gain on Sale of Assets of $16 million, and Origination Fee and Other Income of $8 million, while Compensation and Benefits and General & Administrative expenses (excluding Equity-Based Compensation) were approximately $29 million. Adjusted Earnings in Q2 2026 increased $24 million compared to Q2 2025, due to a $22 million increase in Adjusted Recurring Net Investment Income, driven by a larger Portfolio comprised of higher-yielding assets, and an $8 million increase in Gain on Sale of Assets. These items were partially offset by a $10 million increase in Compensation and Benefits and General & Administrative expenses (excluding Equity-Based Compensation) primarily due to growth in the size of the Company and the timing of expenses. Adjusted EPS was $0.75 in Q2 2026, compared to $0.60 in Q2 2025, due to the increase in Adjusted Earnings described above. An explanation and reconciliation of GAAP Earnings and EPS to Adjusted Earnings and EPS can be found at the end of this release. Adjusted Recurring Net Investment Income HASI’s Managed Assets consist of three major components: our Portfolio, our co-investment structures, and our securitized assets. HASI generates recurring income from each of these components: (1) income generated from our Portfolio, including both our debt investments ("Receivables" and "Real Estate and Debt Securities"), and our equity investments ("Equity Method Investments"), (2) management fee income from our securitization trusts and our partner’s share of our co-investment structures, and (3) income from our retained interests in our securitized assets. Adjusted Recurring Net Investment Income measures the recurring income we generate from these three sources, net of interest expense. GAAP-based net investment income captures Interest and Rental Income revenue as well as Management Fees and Retained Interest Income, less Interest Expense. However, it does not include the income generated from our Equity Method Investments (as defined below) and thus fails to capture all of the economic returns earned by our Portfolio. GAAP-based net investment income was $10 million in Q2 2026. Adjusted Recurring Net Investment Income captures not only our management fee income and income from our retained interests in our securitized assets, but also our income from our entire Portfolio, including both our equity and debt investments, net of interest expense. As a result, management views Adjusted Recurring Net Investment Income as a helpful indicator of the full underlying economics of our investments, enabling a useful comparison of financial results between periods. Adjusted Recurring Net Investment Income was $107 million in Q2 2026, an increase of 26% from $85 million in Q2 2025. A reconciliation of GAAP-based Net Investment Income to Adjusted Recurring Net Investment Income is shown below, and further explanation can be found at the end of this release. Adjusted Recurring Net Investment Income represents the sum of (1) Interest and Rental Income Revenue, (2) Adjusted Income from Equity Method Investments, and (3) Management Fees and Retained Interest Income, net of (4) Interest Expense and (5) the elimination of our proportionate share of fees earned from co-investment structures. It also excludes other non-cash items such as Amortization of Real Estate Intangibles and, when applicable, Loss (Gain) on Debt Modification or Extinguishment: Interest and Rental Income Revenue As of June 30, 2026, our Receivables, Net of Allowance, and Receivables Held-for-Sale totaled $3.2 billion, up 5% from $3.1 billion as of June 30, 2025, due to the funding of additional investments over the previous 12 months. Interest and Rental Income Revenue was $84 million in Q2 2026, compared to $67 million in Q2 2025, driven by higher yields on our investments and investment fundings. Adjusted Income from Equity Method Investments As of June 30, 2026, our Equity Method Investments were $4.8 billion, an increase of 17% from $4.1 billion as of June 30, 2025. Equity Method Investments includes our proportionate share of our co-investment vehicle CCH1, which was $970 million as of June 30, 2026, compared to $559 million as of June 30, 2025. Approximately 29% of the assets in CCH1 were receivables or debt securities, and 71% were equity method investments as of June 30, 2026. Adjusted Income from Equity Method Investments1 was $98 million in Q2 2026, an increase of 24% compared to $79 million in Q2 2025, driven by both growth in Equity Method Investments and higher yields. Management Fees and Retained Interest Income As of June 30, 2026, assets held by our partners in our co-investment vehicles were $1.5 billion, compared to $550 million as of June 30, 2025. In addition, our Retained Interests in Securitization Trusts, Net of Allowance, were $332 million, an increase of 22% from $272 million as of June 30, 2025. Management Fees and Retained Interest Income was $13 million in Q2 2026, compared to $9 million in Q2 2025, due to higher managed assets in our co-investment vehicle. Interest Expense As of June 30, 2026, our total debt outstanding was $5.9 billion, as compared to $4.7 billion as of June 30, 2025, and our weighted-average interest cost, as measured by GAAP interest expense as adjusted for loss on debt modification or extinguishment divided by average debt outstanding, was 6.2% in Q2 2026, compared to 5.8% in Q2 2025. Our average interest cost increased due to the issuance of junior subordinated notes that bear a higher interest rate, but which reduce our need to issue equity to maintain our desired financial leverage ratio because of the partial equity treatment of these instruments by rating agencies. Interest expense was $87 million in Q2 2026, an increase of $8 million compared to $80 million in Q2 2025. Managed Assets and New Investment Activity As of June 30, 2026, our Managed Assets totaled $17.6 billion, up 20% from June 30, 2025, and consisted of (1) our Portfolio, (2) our partners’ portion of our co-investment vehicle CCH1, and (3) assets we have securitized. As of June 30, 2026, our Portfolio was approximately $8.2 billion. Portfolio Yield was 9.2% for the three months ended June 30, 2026, compared to 8.2% for the three months ended June 30, 2025, due primarily to the funding of higher-yielding portfolio assets. We closed new transactions totaling approximately $1.1 billion in Q2 2026, including $975 million in transactions to be held on our balance sheet or at our co-investment structures. As of June 30, 2026, our pipeline was more than $6.5 billion. Weighted average yields on new Portfolio investments were underwritten at more than 11% during Q2 2026, consistent with the weighted average yields on Portfolio investments over the prior five quarters. An explanation and reconciliation of GAAP-based Portfolio to Managed Assets can be found at the end of this release. Our Portfolio remains well-diversified across established clean energy end markets with approximately $4.1 billion of Behind-the-Meter assets, approximately $2.6 billion of Grid-Connected assets, with the remainder comprising assets in Fuels, Transportation, and Nature. We continued to experience strong credit performance and negligible losses across our Portfolio of investments. The following is an analysis of the performance ratings of our Portfolio as of June 30, 2026. Liquidity and Leverage As of June 30, 2026, cash and cash equivalents totaled $250 million, and our total liquidity was $2.2 billion, including approximately $1.9 billion of unused capacity under our revolving credit facility and commercial paper program. Total debt outstanding was $5.9 billion at June 30, 2026, and our debt-to-equity ratio was 1.7x, within our target range of 1.5x to 2.0x and below our internal limit of 2.5x. Our leverage ratio includes adjustments to account for our outstanding junior subordinated notes as being 50% equity, reflecting the partial equity credit given by rating agencies to these instruments. As of June 30, 2026, 95% of our debt outstanding was either fixed-rate or hedged base rate debt. Sustainability and Impact Highlights An estimated 282,000 metric tons of carbon emissions will be avoided annually by the transactions closed this quarter, equating to a CarbonCount® score of 0.23 metric tons per $1,000 invested. In total, including assets not retained in our Portfolio, our Managed Assets are avoiding approximately 10.4 million metric tons of carbon emissions annually, based on our proprietary CarbonCount score. Guidance We are increasing our guidance for Adjusted Earnings per Share to a range of $3.55 to $3.65 from a prior range of $3.50 to $3.60 in 2028. In addition, we continue to expect Adjusted Return on Equity of more than 17% in 2028. We also expect distributions of annual dividends per share of common stock to decline to less than 50% of annual Adjusted Earnings per Share by 2028 and less than 40% by 2030. This guidance reflects our judgments and estimates of (i) yield on our existing Portfolio; (ii) yield on incremental Portfolio investments, inclusive of our existing pipeline; (iii) the volume and profitability of transactions; (iv) amount, timing, and costs of debt and equity capital to fund new investments; (v) changes in costs and expenses reflective of our forecasted operations; and (vi) the general interest rate and market environment. In addition, distributions are subject to approval by our Board of Directors on a quarterly basis. We have not provided GAAP guidance as discussed in the Forward-Looking Statements section of this press release. Dividend The Company is also announcing today that our Board of Directors approved a quarterly cash dividend of $0.425 per share of common stock. This dividend will be paid on October 16, 2026, to stockholders of record as of October 2, 2026. Conference Call and Webcast Information HASI will host an investor conference call today, Thursday, August 6, 2026, at 5:00 p.m. Eastern Time. The conference call can be accessed live over the phone by dialing 1-877-407-0890 (Toll-Free) or +1-201-389-0918 (toll). Participants should inform the operator that they want to join the "HASI Second Quarter 2026 Results" call. The conference call will also be accessible as an audio webcast with slides on our website. A replay after the event will be accessible as on-demand webcast on our website. About HASI HASI is an investor in sustainable infrastructure assets advancing the energy transition. With more than $17 billion in managed assets, our investments are diversified across multiple asset classes, including utility-scale solar, storage, and onshore wind; distributed solar and storage; RNG; and energy efficiency. We combine deep expertise in energy markets and financial structuring with long-standing programmatic client partnerships to deliver superior risk-adjusted returns and measurable environmental benefits. HA Sustainable Infrastructure Capital, Inc. is listed on the New York Stock Exchange (Ticker: HASI). For more information, please visit hasi.com. Forward-Looking Statements Some of the information contained in this press release is forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are subject to risks and uncertainties. For these statements, we claim the protections of the safe harbor for forward-looking statements contained in such Sections. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. When we use the words "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may" or similar expressions, we intend to identify forward-looking statements. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements include those discussed under the caption "Risk Factors" included in our most recent Annual Report on Form 10-K as well as in other periodic reports that we file with the U.S. Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances, including, but not limited to, unanticipated events, after the date on which such statement is made, unless otherwise required by law. New factors emerge from time to time and it is not possible for management to predict all such factors, nor can it assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained or implied in any forward-looking statement. The Company has not provided GAAP guidance as forecasting a comparable GAAP financial measure, such as net income, would require that the Company apply the hypothetical liquidation at book value ("HLBV") method to these investments. In order to forecast under the HLBV method, the Company would be required to make various assumptions related to expected changes in the net asset value of the various entities and how such changes would be allocated under HLBV. GAAP HLBV earnings over a period of time are very sensitive to these assumptions especially in regard to when a partnership transaction flips and thus the liquidation scenarios change materially. The Company believes that these assumptions would require unreasonable efforts to complete and if completed, the wide variation in projected GAAP earnings based upon a range of scenarios would not be meaningful to investors. Accordingly, the Company has not included a GAAP reconciliation table related to any Adjusted Earnings guidance. Estimated carbon savings are calculated using the estimated kilowatt hours, gallons of fuel oil, million British thermal units of natural gas and gallons of water saved as appropriate, for each project. The energy savings are converted into an estimate of metric tons of CO2 equivalent emissions based upon the project’s location and the corresponding emissions factor data from the U.S. Government and International Energy Agency. Portfolios of projects are represented on an aggregate basis. EXPLANATORY NOTES Non-GAAP Financial Measures Adjusted Earnings We calculate Adjusted Earnings as GAAP net income (loss) excluding equity-based expenses, provisions for loss on receivables, amortization of intangibles, losses (gains) from modification or extinguishment of debt facilities, and non-cash tax charges and including the earnings attributable to our non-controlling interest of our Operating Partnership. We also make an adjustment to eliminate our portion of fees we earn from related-party co-investment structures, and for our equity method investments in the renewable energy projects as described below. We will use judgment in determining when we will reflect the losses on receivables in our Adjusted Earnings, and will consider certain circumstances such as the time period in default, sufficiency of collateral as well as the outcomes of any related litigation. In the future, Adjusted Earnings may also exclude one-time events pursuant to changes in GAAP and certain other adjustments as approved by a majority of our independent directors. We believe a non-GAAP measure, such as Adjusted Earnings, that adjusts for the items discussed above is and has been a meaningful indicator of our economic performance in any one period and is useful to our investors as well as management in evaluating our performance, including as it relates to expected dividend payments over time. Additionally, we believe that our investors also use Adjusted Earnings, or a comparable supplemental performance measure, to evaluate and compare our performance to that of our peers, and as such, we believe that the disclosure of Adjusted Earnings is useful to our investors. Certain of our equity method investments in renewable energy and energy efficiency projects are structured using typical partnership "flip" structures where the investors with cash distribution preferences receive a pre-negotiated return consisting of priority distributions from the project cash flows, in many cases, along with tax attributes. Tax equity investors typically realize a large portion of their return through an allocation of the majority of tax attributes, such as tax depreciation and tax credits, as such credits are realized by the project. Once this preferred return is achieved, the partnership "flips" and the common equity investor, often the operator or sponsor of the project, receives more of the cash flows through its equity interests while the previously preferred investors retain an ongoing residual interest. We have made investments in both the preferred and common equity of these structures. Given our equity method investments are in project companies, they typically have a finite expected life. We typically negotiate the purchase prices of our equity investments based on our underwritten project cash flows discounted back to a net present value, based on a target investment rate, with the cash flows to be received in the future reflecting both a return on the capital (at the investment rate) and a return of the capital we have committed to the project. We use a similar approach in the underwriting of our receivables. Under GAAP, we account for these equity method investments using the HLBV method. Under this method, we recognize income or loss based on the change in the amount each partner would receive if the assets were liquidated at book value, after adjusting for any distributions or contributions made during such quarter. The amount received in a liquidation is typically based on the negotiated profit and loss allocation, which may differ from the allocation of distributable cash in any given period. The amount allocated to a tax equity investor during the hypothetical liquidation is typically reduced over time as tax attributes are allocated to them and they achieve portions of their preferred return. Accordingly, tax equity investors are allocated losses as they receive tax benefits, while the sponsors of the project and other investors subordinate to tax equity are allocated gains of a similar amount. Tax equity investors can generally elect either investment tax credits or production tax credits, which are each recognized over different time periods. This results in different HLBV income profiles despite the fact that cash allocations are typically not directly impacted by such a tax credit election. In addition, the agreed upon allocations of the project’s cash flows may differ materially from the profit and loss allocation used for the HLBV calculations in a given period. The application of the HLBV method described above results in GAAP income or loss in any one period that is often significantly different from the economic returns achieved from the investment in any one period as a result of the impact of tax allocations, the high levels of depreciation and other non-cash expenses that are common to renewable energy projects and the differences between the agreed upon profit and loss and the cash flow allocations. Thus, in calculating Adjusted Earnings, we adjust GAAP net income (loss) for certain of our investments where there are characteristics as described above to take into account our calculation of the return on capital (based upon the underwritten investment rate), as adjusted to reflect the performance of the project and the cash distributed. In calculating the underwritten investment rate, we make certain assumptions, including the timing and amounts of cash flows generated by our investments, which may differ from actual results, and may update this yield to reflect our most current estimates of project performance. We believe this equity method investment adjustment to our GAAP net income (loss) in calculating our Adjusted Earnings measure is an important supplement to the income (loss) from equity method investments as determined under GAAP that helps investors understand the economic performance of these investments where HLBV income can differ substantially from the economic returns in any one period. We have acquired equity investments in portfolios of renewable energy projects which have the majority of the distributions payable to more senior investors in the first few years of the project. The following table provides our results related to our equity method investments for the three and six months ended June 30, 2026 and 2025. Adjusted Earnings does not represent cash generated from operating activities in accordance with GAAP and should not be considered as an alternative to net income (determined in accordance with GAAP), or an indication of our cash flow from operating activities (determined in accordance with GAAP), or a measure of our liquidity, or an indication of funds available to fund our cash needs, including our ability to make cash distributions. In addition, our methodology for calculating Adjusted Earnings may differ from the methodologies employed by other companies to calculate the same or similar supplemental performance measures, and accordingly, our reported Adjusted Earnings may not be comparable to similar metrics reported by other companies. Adjusted ROE Adjusted ROE is not a financial measure calculated in accordance with GAAP. It is calculated as Adjusted Earnings as described in this Appendix divided by our GAAP stockholders’ equity over the relevant period, presented on an annualized basis. GAAP stockholders’ equity at each date is located in the respective quarter’s Form 10-Q or that year’s Form 10-K. Reconciliation of our GAAP Net Income to Adjusted Earnings We have calculated our Adjusted Earnings and provided a reconciliation of our GAAP net income to Adjusted Earnings for the three and six months ended June 30, 2026 and 2025 in the tables below. Adjusted Recurring Net Investment Income We have a Portfolio of investments that we finance using a combination of debt and equity, and we also generate recurring income from our retained interests in securitization trusts and from ongoing management fees from our securitization trusts and our co-investment vehicle. We calculate Adjusted Recurring Net Investment Income as shown in the table below by adjusting GAAP-based net investment income for those earnings adjustments that are applicable to Adjusted Recurring Net Investment Income. We believe that this measure is useful to investors as it shows the recurring income generated by our Portfolio after the associated interest cost of debt financing and from our asset management activities. Our management also uses Adjusted Recurring Net Investment Income in this way. Our non-GAAP Adjusted Recurring Net Investment Income measure may not be comparable to similarly titled measures used by other companies. This measure also differs from our previously reported "Adjusted Net Investment Income", as Adjusted Net Investment Income did not include Management fees and retained interest income. For further information on the adjustments between GAAP-based net investment income and Adjusted Recurring Net Investment Income, including information about our equity method investments, see the discussion above related to Adjusted Earnings. Managed Assets We consolidate assets on our balance sheet, securitize assets off-balance sheet, and manage assets in which we coinvest with other parties via equity method investments. Therefore, certain of our receivables and other assets are not reflected on our balance sheet where we may have a residual interest in the performance of the investment, such as a retained interest in cash flows. Thus, we present our investments on a non-GAAP "Managed Assets" basis. We believe that our Managed Asset information is useful to investors because it portrays the amount of both on- and off-balance sheet assets that we manage, which enables investors to understand and evaluate the credit performance associated with our portfolio of receivables, equity investments and residual assets in off-balance sheet assets. Our management also uses Managed Assets in this way. Our non-GAAP Managed Assets measure may not be comparable to similarly titled measures used by other companies. The following is a reconciliation of our GAAP-based Portfolio to our Managed Assets as of June 30, 2026 and December 31, 2025: Adjusted Cash from Operations Plus Other Portfolio Collections We operate our business in a manner that considers total cash collected from our Portfolio, reduced by necessary operating and debt service payments to assess the amount of cash we have available to fund dividends and investments. We believe that the aggregate of these items, which combine as a non-GAAP financial measure titled Adjusted Cash from Operations plus Other Portfolio Collections, is a useful measure of the liquidity we have available from our assets to fund both new investments and our regular quarterly dividends. This non-GAAP financial measure may not be comparable to similarly titled or other similar measures used by other companies. Although there is also not a directly comparable GAAP measure that demonstrates how we consider cash available for dividend payment, below is a reconciliation of this measure to Net cash provided by operating activities. Adjusted Cash from Operations plus Other Portfolio Collections also differs from Net cash provided by (used in) investing activities in that it excludes many of the uses of cash used in our investing activities such as in Equity method investments, Purchases of and investments in receivables, Purchases of debt securities, and Collateral provided to and received from hedge counterparties. In addition, Adjusted Cash from Operations plus Other Portfolio Collections is not comparable to Net cash provided by (used in) financing activities in that it excludes many of our financing activities such as proceeds from common stock issuances and borrowings and repayments of unsecured debt. We evaluate Adjusted Cash from Operations plus Other Portfolio Collections on a trailing twelve month ("TTM") basis, as cash collections during any one quarter may not be comparable to other single quarters due to, among other reasons, the seasonality of projects operations and the timing of disbursement and payment dates. Cash available for reinvestment is a non-GAAP measure which is calculated as Adjusted Cash from Operations plus Other Portfolio Collections less dividend and distribution payments made during the period. We believe Cash available for reinvestment is useful as a measure of our ability to make incremental investments from reinvested capital after factoring in all necessary cash outflows to operate the business. Management uses Cash available for reinvestment in this way, and we believe that our investors use it in a similar fashion. Adjusted Return on Equity Adjusted Return on Equity is a measure of the economic performance of our invested equity capital. Adjusted Return on Equity is calculated as our Adjusted Earnings divided by our average stockholder’s equity for the period, expressed on an annualized basis. The direct comparable GAAP measure is GAAP-based return on equity, which we have presented below. Adjusted Return on Equity differs from GAAP-based return on equity in that the numerator of the calculation contains those adjustments described in the Adjusted Earnings section above. We believe that Adjusted Return on Equity gives investors an understanding into our performance after considering the effects of financial leverage. Our management uses it in this way and we believe that our investors use it in a similar fashion, and as such, we believe that its disclosure is useful to our investors. Portfolio Yield The calculation of Portfolio Yield was updated in Q2 2026. It now reflects Interest and Rental Income plus Adjusted Income from Equity Method Investments divided by the average Portfolio balance. Average Portfolio balance is calculated as the average of the Portfolio at the beginning and end of each quarterly period. Average Portfolio balance for year-to-date periods is calculated as the average of the Portfolio at the end of the preceding year and as of the end of each of the relevant period’s quarters. Previously, Portfolio Yield was calculated as the as the weighted average underwritten yield of the investments in our Portfolio as of the end of the period. We have recast prior periods to conform with this calculation methodology. View source version on businesswire.com: https://www.businesswire.com/news/home/20260806995856/en/ Contacts Investors:Aaron [email protected] 410-571-6189 Media:Kenny [email protected] 443-321-5756

Brookfield Asset Management (BAM) came out with quarterly earnings of $0.44 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this investment manager would post earnings of $0.42 per share when it actually produced earnings of $0.43, delivering a surprise of +2.38%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Brookfield, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $1.49 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.51%. This compares to year-ago revenues of $1.29 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Brookfield shares have lost about 0.9% since the beginning of the year versus the S&P 500's gain of 13%. While Brookfield has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Brookfield was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.47 on $1.54 billion in revenues for the coming quarter and $1.85 on $6.05 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, HA Sustainable Infrastructure Capital (HASI), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6. This provider of financing for sustainable infrastructure projects is expected to post quarterly earnings of $0.73 per share in its upcoming report, which represents a year-over-year change of +21.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. HA Sustainable Infrastructure Capital's revenues are expected to be $18.1 million, up 269.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Brookfield Asset Management Ltd. (BAM) : Free Stock Analysis Report HA Sustainable Infrastructure Capital, Inc. (HASI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

WisdomTree, Inc. (WT) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +19.23%. A quarter ago, it was expected that this company would post earnings of $0.25 per share when it actually produced earnings of $0.27, delivering a surprise of +8%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. WisdomTree, Inc., which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $177.16 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.34%. This compares to year-ago revenues of $112.62 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. WisdomTree, Inc. shares have added about 54.2% since the beginning of the year versus the S&P 500's gain of 8.7%. While WisdomTree, Inc. has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for WisdomTree, Inc. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.30 on $177.8 million in revenues for the coming quarter and $1.14 on $674.92 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. HA Sustainable Infrastructure Capital (HASI), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6. This provider of financing for sustainable infrastructure projects is expected to post quarterly earnings of $0.73 per share in its upcoming report, which represents a year-over-year change of +21.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. HA Sustainable Infrastructure Capital's revenues are expected to be $18.1 million, up 269.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WisdomTree, Inc. (WT) : Free Stock Analysis Report HA Sustainable Infrastructure Capital, Inc. (HASI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research