Market Overview

Hawaiian Electric: Q3 Earnings Insights


Shares of Hawaiian Electric Indus (NYSE:HE) were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 1.72% over the past year to $0.59, which beat the estimate of $0.51.

Revenue of $641,427,000 decreased by 16.79% year over year, which missed the estimate of $785,040,000.


Hawaiian Electric Indus hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Nov 06, 2020

Time: 04:15 PM

ET Webcast URL:


Company's 52-week high was at $55.15

Company's 52-week low was at $31.83

Price action over last quarter: down 8.75%

Company Overview

Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's third- largest financial institution, American Savings Bank. The utilities provide electricity to 95% of the state on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai. Although the majority of electricity is produced by oil-fired power plants, over 25% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.


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Posted-In: Earnings News