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Hawaiian Electric Industries Inc   (HE)
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

revenue Increased in double digits in the fourth quarter of 2021 earnings season

HE announced fourth quarter of 2021 operating income of $88.863 million


Published Nov 30 -0001
CSIMarket Team / CSIMarket.com


2995749Double digits Revenue elevation of 18.101 % to $770.27 million, led to modest earnings elevation of 8.01 % to $0.50 per share, in the fourth quarter of 2021 earnings season year on year.

EPS fell from the preceding financial reporting period by -14.34 % from $0.58 per share, revenue grew by 1.766 % from $756.90 million.


Bottom-line of $54.994 million in the fourth quarter of 2021 earnings season increased by 7.92 % from net earnings of $50.958 million reported in the fourth quarter of 2021 earnings season a year ago. Hawaiian Electric Industries Inc shifted it's focus on improving sales in the fourth quarter of 2021 earnings season, as a result net margin eased to 7.14%.
Operating earnings, however, rose 10.15% to $88.863 million. Analysts also pointed out, that within the business results for the financial year 2022, HE disclosed revenue of $3.74 billion and earnings of $243.03 million.

Electric Utilities company explained as well, that Eps decreased by -2.22 % to $2.20 per share from $2.25 in the previous financial year , recognized further, that revenue surged by 31.28 % from $2.85 billion a year before.

Hawaiian Electric Industries Inc is expected to report next financial results on May 08, 2023.



Hawaiian Electric Industries Inc's Price to sales ratio PS

Hawaiian Electric Industries Inc's Net Income Growth



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