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Hawaiian Electric Industries, Inc. (HE) reported third quarter earnings per share of $0.59 compared to $0.58, a year ago. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.51, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Nov 6, 2020 06:25AM EST

06:25 Friday, November 6, 2020 (RTTNews.com) - Hawaiian Electric Industries, Inc. (HE) reported third quarter earnings per share of $0.59 compared to $0.58, a year ago. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.51, for the quarter. Analysts' estimates typically exclude special items.

The company reported that American Savings Bank's net income was $12.2 million compared to $22.9 million, last year. In the third quarter of 2020, American retained capital and did not pay a dividend to Hawaiian Electric Industries.

Third quarter total revenues declined to $641.4 million from $770.9 million, prior year.

Read the original article on RTTNews ( https://www.rttnews.com/3143868/hawaiian-electric-industries-q3-profit-rises-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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