Hawaiian Electric Industries Q3 Adj $0.56 Beats $0.54 Estimate, Sales $901.87M Beat $858.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
HEI reported an EPS of $0.56, beating the estimate of $0.54. However, the company's revenue of $794.98M fell short of the estimated $858.36M.
November 09, 2023 | 9:01 pm
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NEUTRAL IMPACT
HEI's EPS beat estimates but revenue missed, which could lead to mixed market reactions.
HEI's earnings per share (EPS) exceeded estimates, which is generally a positive signal for investors. However, the company's revenue missed estimates, which could be a concern. The mixed results may lead to unpredictable market reactions in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100