NYSE$HE
Hawaiian Electric Industries Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Hawaiian Electric Industries reported consolidated net income of $54.5 million and EPS of $0.50 for Q4 2021, compared to $50.5 million and EPS of $0.46 for Q4 2020.
Hawaiian Electric Industries reported a net income of $54.5 million and EPS of $0.50 for the fourth quarter of 2021. Full year net income was $246.2 million, with EPS at $2.25. The company highlighted customer savings, carbon emission reduction goals, and solid performance from American Savings Bank.
- Consolidated EPS grew by 24% driven by solid performance at utility and bank.
- Hawaiian Electric delivered $8 million in customer savings through efficiency and productivity measures.
- American Savings Bank's net income grew by 76% compared to 2020, largely due to a $25.8 million negative provision for credit losses.
- HEI Board increased the quarterly cash dividend to $0.35 per share.
Headline financials
Revenue & EPS history
Hawaiian Electric · Revenue · Quarterly
$770M
Revenue by segment
Hawaiian Electric · $694M total across 2 segments · Q4 2021
- Electric Utility$693M+21.4%99.8%
- Other$1.08M+152516.7%0.2%
Forward guidance
HEI will conduct a webcast and conference call to review its consolidated results and 2022 earnings guidance and outlook on Monday, February 14, 2022.
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 2021
-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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