NYSE$HE

Hawaiian Electric Industries Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Hawaiian Electric Industries' Q4 2019 earnings increased due to solid performance across its companies.

Hawaiian Electric Industries reported a consolidated net income for common stock of $66.3 million and EPS of $0.61 for Q4 2019, compared to $49.6 million and EPS of $0.45 for Q4 2018. The results reflect solid performance across the company's utility and bank segments.

  • Consolidated net income for common stock was $66.3 million, up from $49.6 million in Q4 2018.
  • Diluted EPS was $0.61, compared to $0.45 in the same quarter last year.
  • Hawaiian Electric's Q4 net income was $45.4 million, $10 million higher than in Q4 2018.
  • American Savings Bank's Q4 net income was $28.2 million, compared to $21.8 million in the prior year quarter.

Headline financials

Total Revenue

$726M

Previous: $762M-4.7%
EPS (adj)

$0.61

Previous: $0.45+35.6%
Capital Expenditures

$125M

Previous: $132M-5.4%
Free Cash Flow

$45.8M

Previous: $109M-58.1%
Net Income

$66.7M

Previous: $49.6M+34.6%
Operating Income

$101M

Previous: $84.6M+19.1%
Gross Profit

$101M

Previous: $84.6M+19.1%
Cash & Equivalents

$197M

Previous: $169M+16.3%
Total Assets

$13.7B

Previous: $13.1B+4.9%
Stock-Based Comp

$1.84M

Previous: $1.9M-3.0%

Revenue & EPS history

Hawaiian Electric · Revenue · Quarterly

$726M

Q4 2019-4.7%vs Q4 2018
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

Hawaiian Electric · $645M total across 2 segments · Q4 2019

  • Electric Utility
    $645M
  • Other
    $3

Forward guidance

HEI will conduct a webcast and conference call to review its fourth quarter 2019 earnings and 2020 EPS guidance on Thursday, February 13, 2020.

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 Q4 2019

Historical avgQ4 2019

-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

Earnings price reactions
QuarterReport dateReaction (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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