Hawaiian Electric Industries (HE) Tops Q4 EPS by 2c
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Hawaiian Electric Industries Reports 2017 Year-End & Fourth Quarter Earnings
February 14, 2018 3:15 PM ESTHONOLULU, Feb. 14, 2018 /PRNewswire/ --
Selected 2017 Highlights:
Consolidated Reported net income of $165.3 million in 2017 vs $248.3 million in 2016, down 33% primarily due to the merger and spin-off related items in 2016 and the impact of the federal tax reform and related items in 2017Core net income of $179.5 million in 2017 vs $190.1 million in 2016, down 6% Consolidated Reported EPS of $1.52 in 2017 vs $2.29 in 2016, down 34%;Consolidated Core EPS of $1.65 in 2017 vs $1.75 in 2016, down 6% Consolidated Reported ROE of 7.9%; Consolidated Core ROE of 8.6% Utility Reported ROE of... More