earnings
confidence high
sentiment positive
materiality 0.80
HEI Q1 core EPS $0.23; Hawaiian Electric NI $48M; debt cut $384M; wildfire legislation passed
HAWAIIAN ELECTRIC INDUSTRIES INC
2025-Q1 EPS reported
$0.15
revenue$744,070,000
- Net income $27M ($0.15 EPS); Core income from continuing ops $40M ($0.23) vs $28M ($0.26) in Q1 2024.
- Hawaiian Electric net income $48M (+$9M YoY) on higher revenues and better heat rate; $10M dividend declared.
- Pacific Current posted $13M pre-tax loss on sale of Hamakua Energy; holding company reduced debt by $384M in April.
- Hawaii legislature passed HB1001 (state funding for Maui settlement), SB897 (future wildfire liability cap), SB1501 (clean energy).
- Company expects first settlement payment on Maui wildfire tort litigation early 2026.