Hawaiian Electric: Q1 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Hawaiian Electric Indus (NYSE:HE) reported its Q1 earnings results on Monday, May 9, 2022 at 06:00 AM.

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Here's what investors need to know about the announcement.

Earnings

Hawaiian Electric Indus beat estimated earnings by 43.18%, reporting an EPS of $0.63 versus an estimate of $0.44.

Revenue was up $142.12 million from the same period last year.


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Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 3.13% drop in the share price the next day.

Here's a look at Hawaiian Electric Indus's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.42 0.61 0.47 0.36
EPS Actual 0.50 0.58 0.58 0.59
Revenue Estimate 681.34M 756.01M 653.87M 637.30M
Revenue Actual 770.27M 756.90M 680.26M 642.95M

To track all earnings releases for Hawaiian Electric Indus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsBZI-Recaps