Investing.com - Hawaiian Electric Industries reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Hawaiian Electric Industries announced earnings per share of $0.57 on revenue of $1.04B. Analysts polled by Investing.com EPS of $0.58 on revenue of $699.96M.
Hawaiian Electric Industries 's are down 28% and is trading at $37.07 , still down 17.11% from its 52 week high of $44.72 set on Wednesday, April 20, 2022.
Hawaiian Electric Industries shares lost 2.16% to trade at $37.07 in intra-day trade the report.
Hawaiian Electric Industries follows other major Utilities sector earnings this month
Hawaiian Electric Industries's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday with third quarter EPS of $1.78 on revenue of $7.97B, for EPS of $1.84 on revenue of $7,388M.
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