Hawaiian Electric Industries (HE) Misses Q1 EPS by 6c
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Hawaiian Electric Industries Reports First Quarter 2016 Earnings
May 4, 2016 1:15 PM EDTHONOLULU, May 4, 2016 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (NYSE - HE) (HEI) today reported consolidated net income for common stock for the first quarter of 2016 of $32.4 million and diluted earnings per share (EPS) of $0.30 compared to $31.9 million and EPS of $0.31 for the first quarter of 2015. Excluding after-tax costs associated with the pending merger with NextEra Energy, Inc. and the spin-off of ASB Hawaii, Inc. of $1.6 million and $4.7 million in the first quarter of 2016 and 2015, respectively, core earnings1 for the first quarter of 2016 were $33.9 million and core EPS1 of $0.31 compared to $36.6 million and $0.35, respectively for the first quarter of... More
