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

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HEI Reports First Quarter 2020 Results

May 5, 2020 6:00 AM EDT

HONOLULU, May 5, 2020 /PRNewswire/ -- Hawaiian Electric Industries, Inc. (NYSE - HE) (HEI) today reported consolidated net income for common stock for the first quarter of 2020 of $33.4 million and EPS of $0.31 compared to $45.7 million and EPS of $0.42 for the first quarter of 2019.

"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... More