Plus   Neg

Hawaiian Electric Industries Q4 Profit Tops Estimates - Quick Facts

Hawaiian Electric Industries, Inc. (HE) reported fourth-quarter earnings per share of $0.61 compared to $0.45, prior year. On average, three 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.

Fourth-quarter total revenues declined to $725.97 million from $761.65 million, prior year.

On February 12, 2020, HEI announced that the Board increased quarterly cash dividend from $0.32 per share to $0.33 per share, payable on March 10, 2020, to shareholders of record at the close of business on February 26, 2020. The revised quarterly dividend amount is equivalent to an annual rate of $1.32 per share.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Lowe's (LOW) is temporarily increasing wages of its employees. The latest move by the hardware retailer is to help its employees cope with the economical effects caused by the ongoing COVID-19 pandemic. The company has hiked salary by $2 per hour for all full-time, part-time, and seasonal hourly associates,... Amazon.com Inc. (AMZN) Founder and CEO Jeff Bezos is donating $100 million to food banks across the U.S. to support poor people who cannot afford food during this coronavirus crisis. Bezos made a $100 million gift to Feeding America, one of the largest U.S. nonprofit focused on food security. Feeding... Facebook on Thursday shared an update on its $100 million small-business grants program announced in March, saying that it will provide $40 million in grants to 10,000 U.S. small businesses that were impacted by the coronavirus pandemic. In March, the social media giant said it is offering $100 million in cash grants and ad credits for up to 30,000 eligible small businesses.
Follow RTT