Earnings ·
Hawaiian Electric Industries reports Q3 net income of $35M, or $0.20 per share
HEHawaiian Electric Industries Inc
Hawaiian Electric Industries reported third-quarter 2026 consolidated GAAP net income of $35 million, or $0.20 diluted earnings per share, compared to $31 million, or $0.18 in the prior-year period. Core net income was $23 million, or $0.13 per share, down from $33 million, or $0.19 a year ago. Results included $64 million of pre-tax gains from American Savings Bank investments and a $51 million impairment at Pacific Current, partially offset by $14 million in storm-related costs. The company also prepaid an $80 million installment toward its Maui wildfire settlement liability. Hawaiian Electric Industries operates as a holding company for electric utilities supplying power to approximately 95% of Hawaii's population.