Monday, Hawaiian Electric Industries Inc. (HE) said its third-quarter net income for common stock declined to $33.5 million or $0.37 per share from $37.3 million or $0.44 per share in the prior year period. On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of $0.29 per share for the quarter.
Revenues for the quarter decreased to $620.31 million from $915.43 million in the year-ago period. Two analysts estimated revenues of $773.77 million for the quarter.
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