Hawaiian Electric Industries (HE) Misses Q2 EPS by 3c

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HEI Reports Second Quarter 2017 Earnings

August 3, 2017 2:15 PM EDT

HONOLULU, Aug. 3, 2017 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) today reported consolidated net income for common stock for the second quarter of 2017 of $38.7 million and diluted earnings per share (EPS) of $0.36 compared to $44.1 million and EPS of $0.41 for the second quarter of 2016.  Second quarter 2016 core earnings1 and core EPS1 were $46.9 million and $0.43, respectively.

"Our utilities continue to bring more renewable resources online, strengthen our energy delivery networks to make them more reliable and resilient and promote sustainable communities.  We are encouraged by our regulators' acceptance of our Power Supply Improvement Plan, which... More