---
schema_version: "secwatch.filing_event.v1"
accession: "0000354707-23-000093"
form_type: "8-K"
ticker: "HE"
cik: "0000354707"
company_name: "HAWAIIAN ELECTRIC INDUSTRIES INC"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:58:53.076156+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HEI Q3 EPS $0.37 vs $0.57 YoY; $27.6M pre-tax Maui wildfire-related costs

## Summary
- Consolidated net income $41.1M ($0.37 diluted EPS) vs $62.1M ($0.57) in Q3 2022; core net income $61.5M ($0.56) excludes wildfire costs.
- Hawaiian Electric net income $43.5M vs $49.8M; Q3 included $10M in incremental Maui windstorm and wildfire expenses, plus $7M other O&M.
- ASB net income $11.4M vs $20.8M; $8.6M pre-tax wildfire costs including $5.9M additional credit reserves.
- Holding and other companies net loss $13.7M vs $8.4M loss; $3.8M after-tax wildfire expenses.
- Governor Green announced multi-phase initiative for Maui recovery; HEI supports and will work with state and community.

## SEC filing metadata
- accession: 0000354707-23-000093
- form_type: 8-K
- ticker: HE
- cik: 0000354707
- company_name: HAWAIIAN ELECTRIC INDUSTRIES INC
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354707/000035470723000093/0000354707-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46207/000035470723000093/he-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354707-23-000093
- JSON: https://secwatch.observer/filing/0000354707-23-000093.json
- Plain text: https://secwatch.observer/filing/0000354707-23-000093.txt

## Key facts
- Earnings Releases
  HAWAIIAN ELECTRIC INDUSTRIES INC reported third quarter of 2023 results: net income Core net income and core EPS 1 for the third quarter were $61.5 million, EPS core EPS 1 for the third quarter were ... $0.56.
  - Period: third quarter of 2023
  - Net income: Core net income and core EPS 1 for the third quarter were $61.5 million
  - EPS: core EPS 1 for the third quarter were ... $0.56
  - Result: reported results
  source text: Core net income and core EPS 1 for the third quarter were $61.5 million and $0.56, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354707/000035470723000093/0000354707-23-000093-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.