Hannon Armstrong Sustainable Infrastructure Capital's stock surged 6.53% in pre-market trading, driven by the company's release of better-than-expected financial results for the fourth quarter and full year 2025.

The sustainable infrastructure investor reported a significant earnings beat, with Q4 adjusted earnings per share of $0.67 surpassing analyst estimates, and full-year adjusted EPS of $2.70 also exceeding expectations. Revenue for the quarter came in at $114.8 million, well above forecasts. A key highlight was the record $4.3 billion in new investments closed during 2025, representing an impressive 87% year-over-year increase.

Further bolstering investor confidence, the company provided a positive long-term outlook, expecting adjusted EPS in the range of $3.50 to $3.60 by 2028 and projecting an adjusted return on equity of more than 17%. Additionally, the board declared an increased quarterly cash dividend of $0.425 per share, up from the previous $0.42, signaling strong financial health and commitment to shareholder returns.