Hawaiian Electric Industries (HE) Reports Q4 EPS of $0.39

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Hawaiian Electric Industries Reports 2015 Year-End & Fourth Quarter Earnings

February 11, 2016 4:15 PM EST

HONOLULU, Feb. 11, 2016 /PRNewswire/ --

Selected 2015 Highlights:

Reported net income of $159.9 million in 2015 vs $168.1 million in 2014, down 5%;Core1 net income of $175.7 million in 2015 vs $173.0 million in 2014, up 2% Reported EPS of $1.50 in 2015 vs $1.63 in 2014, down 8%;Core1 EPS of $1.65 in 2015 vs $1.68 in 2014, down 2% Reported ROE of 8.6%; Core1 ROE of 9.4% Continued legacy of delivering value for customers and Hawaii: Record 22%2 of electricity used by Hawaiian Electric customers was from renewable sources Surpassed Hawaii's 2015 renewable portfolio standard target of 15%... More