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Hawaiian Electric Industries net income $159.9 million

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Staff writer ▼ | February 12, 2016
Hawaiian Electric Industries reported 2015 year-end consolidated net income for common stock of $159.9 million and diluted EPS of $1.50.
Hawaiian Electric Industries
Hawaiian Electric Industries   Q4 core earnings were $44.5 million
This compares to $168.1 million and EPS of $1.63 for 2014.

For the fourth quarter of 2015, consolidated net income for common stock was $42.3 million and EPS of $0.39 compared to $33.3 million and EPS of $0.32 for the fourth quarter of 2014.

Excluding after-tax costs associated with the pending merger with NextEra Energy and the spin-off of ASB Hawaii of $15.8 million and $4.9 million in 2015 and 2014, respectively, and $2.2 million and $4.3 million in the fourth quarter of 2015 and 2014, respectively, core earnings in 2015 were $175.7 million and core1 EPS of $1.65, compared to $173.0 million and EPS of $1.68 in 2014.

For the fourth quarter of 2015, core earnings were $44.5 million and core1 EPS of $0.41 compared to $37.6 million and EPS of $0.36 for the fourth quarter of 2014.


 

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