Hawaiian Electric Industries Inc Reveals Drop In Q1 Income

Hawaiian Electric Industries Inc (HE) revealed a profit for first quarter that decreased from the same period last year

The company's earnings totaled $26.7 million, or $0.15 per share. This compares with $42.1 million, or $0.38 per share, last year.

The company's revenue for the period fell 6.0% to $744.1 million from $792.0 million last year.

Hawaiian Electric Industries Inc earnings at a glance (GAAP) :

-Earnings: $26.7 Mln. vs. $42.1 Mln. last year.
-EPS: $0.15 vs. $0.38 last year.
-Revenue: $744.1 Mln vs. $792.0 Mln last year.

by RTTNews Staff Writer

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