HEI Reports First Quarter 2020 Results

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Hawaiian Electric Industries (HE) Misses Q1 EPS by 14c, Revenues Miss

May 5, 2020 6:13 AM EDT

Hawaiian Electric Industries (NYSE: HE) reported Q1 EPS of $0.31, $0.14 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $677.19 million versus the consensus estimate of $682.31 million.

"Hawaii is facing an unprecedented challenge from the COVID-19 pandemic, and we're especially mindful of the essential roles our companies play," said Constance H. Lau, president and CEO of HEI. "Through our utility, we provide reliable electricity to keep our hospitals, homes and essential businesses running, and through our bank, we help ensure that money... More