AP NEWS

HEI posts 2Q profit

August 5, 2016

HONOLULU (AP) — Hawaiian Electric Industries Inc. (HE) on Thursday reported second-quarter earnings of $44.6 million.

The Honolulu-based company said it had profit of 41 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to 43 cents per share.

The parent of Hawaii’s largest electricity generator posted revenue of $566.2 million in the period.

HEI shares have increased nearly 6 percent since the beginning of the year. The stock has climbed slightly more than 1 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HE at http://www.zacks.com/ap/HE

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Keywords: Hawaiian Electric, Earnings Report