HEI: Q4 Financial Results Overview

Hawaiian Electric Industries Announces Fourth Quarter Results

Hawaiian Electric Industries Inc., based in Honolulu, revealed on Friday that it earned $41.4 million during the fourth quarter.

The company reported earnings of 23 cents per share, with adjusted earnings—excluding one-time expenses—totaling 24 cents per share.

As Hawaii’s leading electricity provider, the company generated $805.8 million in revenue for the quarter.

Looking at the full year, Hawaiian Electric Industries achieved a net income of $126.3 million, or 71 cents per share, with annual revenue reaching $3.09 billion.

Financial data for this article was compiled by Automated Insights using information from Zacks Investment Research.