Hawaiian Electric Industries (HE) Tops Q4 EPS by 7c

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HEI REPORTS 2021 RESULTS

February 14, 2022 6:35 AM EST

HONOLULU, Feb. 14, 2022 /PRNewswire/ --

2021 Highlights:

24% consolidated EPS growth driven by solid performance at both utility and bank Utility earnings reflect focus on cost efficiency and customer savings Bank results bolstered by significant negative provision, reflecting meaningful credit quality and economic improvement over prior yearHawaiian Electric advanced strategic initiatives and delivered strong financial performance, while providing significant customer savings Delivered $8 million in customer savings through efficiency and productivity measures Provided additional $2 million for customer bill credit... More