Hawaiian Electric (HE) Misses Q2 EPS by 3c
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Hawaiian Electric Industries Reports Second Quarter 2015 Earnings and 2015 EPS Guidance
August 10, 2015 6:00 AM EDTHONOLULU, Aug. 10, 2015 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (NYSE - HE) (HEI) today reported consolidated net income for common stock for the second quarter of 2015 of $35.0 million, or diluted earnings per share (EPS) of $0.33. Excluding $7.2 million after-tax of merger-related costs associated with the pending merger with NextEra Energy, Inc. and the spin-off of ASB Hawaii, core earnings1 for the second quarter of 2015 were $42.2 million or $0.39 EPS, compared to $41.3 million or $0.41 EPS for the second quarter of 2014.
"Our utility continued to invest in modernizing and improving the electric grids on the five islands we serve to... More
