Hawaiian Electric Industries Inc (HE) reported better-than-expected financial results for the third quarter of fiscal 2025. The company posted earnings per share (EPS) of $0.19, significantly surpassing Wall Street's consensus estimate of $-0.21 by $0.40.
Revenue for the quarter reached $0.8 billion, exceeding expectations of $0.0 billion. This performance indicates a robust operational capacity amid a challenging environment.
The company, headquartered in Honolulu, Hawaii, serves approximately 95% of the state's population through its electric utility segment. Its subsidiaries, including Hawaiian Electric Company, Inc., Hawaii Electric Light Company, and Maui Electric Company, provide essential electric services across multiple islands.
Hawaiian Electric Industries will host an earnings conference call to discuss these results further and provide additional insights into its business performance. Investors are encouraged to review the full earnings release for a comprehensive understanding of the company’s financial health and future outlook.