Hawaiian Electric Industries Q3 Profit Down, Misses Estimates

(RTTNews) - Hawaiian Electric Industries Inc (HE) reported Friday that its third-quarter net income was $63.42 million or $0.58 per share, compared to $65.90 million or $0.60 per share last year.

On average, three analysts polled by Thomson Reuters expect earnings of $0.60 per share. Analysts' estimates typically exclude special items.

Total revenues increased to $771.54 million from last year's $768.05 million.

On October 31, the Board of Directors maintained HEI's quarterly cash dividend of $0.32 per share, payable on December 10, to shareholders of record at the close of business on November 22.