Hawaiian Electric Industries (HE) Misses Q4 EPS by 1c
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Hawaiian Electric Industries Reports 2016 Year-End & Fourth Quarter Earnings
February 14, 2017 2:15 PM ESTHONOLULU, Feb. 14, 2017 /PRNewswire/ --
Selected 2016 Highlights:
Consolidated Reported net income of $248.3 million in 2016 vs $159.9 million in 2015, up 55% largely due to the merger and spin-off related items;Core net income1 of $190.1 million in 2016 vs $175.7 million in 2015, up 8% Consolidated Reported EPS of $2.29 in 2016 vs $1.50 in 2015, up 53%;Consolidated Core EPS1 of $1.75 in 2016 vs $1.65 in 2015, up 6% Consolidated Reported ROE of 12.4%; Consolidated Core ROE1 of 9.5% Utility ROE of 8.1% Bank ROE of 10.1%2 Continued legacy of delivering value for customers and... More