NYSE$HE
Hawaiian Electric Industries Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Hawaiian Electric Industries reported consolidated net income for common stock and EPS, driven by the performance of its companies and employees during the COVID-19 period.
Hawaiian Electric Industries (HEI) reported a consolidated net income for common stock of $48.9 million and EPS of $0.45 for Q2 2020, compared to $42.5 million and EPS of $0.39 for Q2 2019. The results reflect the strength and resilience of HEI's businesses, the dedication of its employees, and its commitment to supporting customers and the community.
- Hawaiian Electric Company's net income increased due to lower O&M expenses and higher rate adjustment mechanism revenues.
- American Savings Bank's net income decreased due to lower asset yields and a higher provision for credit losses.
- The holding and other companies reported a greater net loss due to increased charitable contributions.
- The Board of Directors maintained HEI’s quarterly cash dividend of $0.33 per share.
Headline financials
Revenue & EPS history
Hawaiian Electric · Revenue · Quarterly
$609M
Revenue by segment
Hawaiian Electric · $534M total across 2 segments · Q2 2020
- Electric Utility$534M—100.0%
- Other$16K—0.0%
Forward guidance
HEI will conduct a webcast and conference call to review its consolidated results and 2020 earnings guidance and outlook.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2020
-0.5%
Avg return
Earnings day
-1.0%
Avg return
5 days after
-2.7%
Avg return
30 days after
44%
30 / 68 earnings
Positive
+7.8%
Q3 2020
Best reaction
-17.0%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.8% | -13.2% | -13.0% | |
| Q4 2025 | +3.1% | +0.4% | -4.8% | |
| Q3 2025 | -3.0% | +0.7% | +2.9% | |
| Q1 2025 | +1.8% | +1.0% | -0.7% | |
| Q4 2024 | +2.2% | -0.5% | +3.3% | |
| Q3 2024 | -5.8% | -8.3% | +0.8% | |
| Q2 2024 | -17.0% | -15.2% | -32.0% | |
| Q1 2024 | +7.3% | +10.5% | +0.4% | |
| Q4 2023 | -8.6% | -4.0% | -19.2% | |
| Q3 2023 | -16.4% | -13.3% | -4.8% | |
| Q2 2023 | -4.1% | -12.6% | -66.9% | |
| Q1 2023 | -2.4% | -3.7% | -1.1% | |
| Q4 2022 | -3.3% | -1.7% | -11.9% | |
| Q3 2022 | +0.4% | +4.2% | +7.2% | |
| Q2 2022 | -0.4% | +1.8% | -7.1% | |
| Q1 2022 | -0.9% | +0.8% | +3.5% | |
| Q4 2021 | -3.2% | -1.6% | +1.5% | |
| Q3 2021 | -2.5% | -1.2% | -4.8% | |
| Q2 2021 | +0.5% | +2.0% | -2.0% | |
| Q1 2021 | +4.3% | +0.9% | -0.2% | |
| Q4 2020 | -0.2% | +0.9% | +21.9% | |
| Q3 2020 | +7.8% | +12.1% | +8.7% | |
| Q2 2020 | +3.7% | +1.7% | -1.8% | |
| Q1 2020 | -4.9% | -0.3% | +1.5% | |
| Q4 2019 | +3.8% | +3.6% | -10.0% | |
| Q3 2019 | -2.0% | -2.2% | -3.3% | |
| Q2 2019 | -2.9% | -1.2% | -0.5% | |
| Q1 2019 | -0.7% | +0.9% | +3.3% | |
| Q4 2018 | +0.1% | +0.8% | +7.8% | |
| Q3 2018 | -0.5% | -0.5% | +3.8% | |
| Q2 2018 | -1.1% | -1.8% | +0.1% | |
| Q1 2018 | -0.1% | -1.0% | -2.3% | |
| Q4 2017 | +3.1% | +2.9% | +4.2% | |
| Q3 2017 | +0.9% | +1.2% | +5.5% | |
| Q2 2017 | -0.2% | +1.0% | +1.4% | |
| Q1 2017 | -1.2% | -2.4% | +0.3% | |
| Q4 2016 | -3.5% | -2.9% | -2.2% | |
| Q3 2016 | +4.2% | +2.5% | +9.6% | |
| Q2 2016 | +0.5% | -0.3% | -2.4% | |
| Q1 2016 | +0.8% | — | — | |
| Q4 2015 | +0.3% | — | — | |
| Q3 2015 | -3.6% | — | — | |
| Q2 2015 | -1.2% | — | — | |
| Q1 2015 | -1.7% | — | — | |
| Q4 2014 | -0.3% | — | — | |
| Q3 2014 | +0.6% | — | — | |
| Q2 2014 | +1.6% | — | — | |
| Q1 2014 | +2.2% | — | — | |
| Q4 2013 | -1.8% | — | — | |
| Q3 2013 | -0.9% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | -2.3% | — | — | |
| Q4 2012 | -1.7% | — | — | |
| Q3 2012 | -2.0% | — | — | |
| Q2 2012 | +0.5% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2011 | -0.7% | — | — | |
| Q3 2011 | +5.2% | — | — | |
| Q2 2011 | -2.3% | — | — | |
| Q1 2010 | -0.5% | — | — | |
| Q1 2011 | +2.8% | — | — | |
| Q4 2008 | -1.2% | — | — | |
| Q4 2010 | -1.2% | — | — | |
| Q3 2009 | +2.4% | — | — | |
| Q3 2010 | +2.4% | — | — | |
| Q2 2009 | +3.5% | — | — | |
| Q4 2009 | +3.5% | — | — | |
| Q2 2010 | +3.5% | — | — |
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