Hawaiian Electric (HE) Misses Q1 EPS by 2c; Maintains Dividend

May 5, 2009 8:48 AM EDT

Hawaiian Electric Industries Inc. (NYSE: HE) reports Q1 EPS of $0.23, 2 cents worse than the analyst estimate of $0.25. Revenue for the quarter was $543.8 million, versus $729.6 million last year and the consensus of $666.5 million.

Hawaiian Electric also maintained the regular quarterly cash dividend of 31 cents per share, payable June 10, 2009, to shareholders of record at the close of business on May 21, 2009, (ex-dividend date is May 19, 2009).


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