HEI: Q4 Earnings Snapshot
By AP News
Published - Feb 13, 2024, 04:24 PM ET
Last Updated - Feb 13, 2024, 04:24 PM EST
HONOLULU (AP) — HONOLULU (AP) — Hawaiian Electric Industries Inc. (HE) on Tuesday reported net income of $49.3 million in its fourth quarter.
On a per-share basis, the Honolulu-based company said it had net income of 44 cents. Earnings, adjusted for non-recurring costs, were 48 cents per share.
The the parent of Hawaii's largest electricity generator posted revenue of $961.4 million in the period.
For the year, the company reported profit of $201.1 million, or $1.81 per share. Revenue was reported as $3.68 billion.