Equity Profile

HE

Hawaiian Electric Industries, Inc.

UtilitiesElectric Utilities$2.0B

Aug13Thu

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Hawaiian Electric Industries, Inc. (HE) is a utility company that provides electricity to the Hawaiian Islands....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of the company's profitability and performance, which investors closely monitor.

N/A

Revenue Growth

Revenue growth indicates the company's ability to expand its customer base and increase sales, essential for long-term sustainability.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HE Q2-2026 Earnings Preview

Context

Company Snapshot

Hawaiian Electric Industries, Inc. (HE) is a utility company that provides electricity to the Hawaiian Islands. As a key player in the electric utilities sector, it plays a crucial role in energy distribution and sustainability efforts in Hawaii.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

-25.32%

Avg Stock Reaction

-0.98%

Last Quarter Recap

In Q1-2026, Hawaiian Electric reported an EPS of $0.18, but the revenue figures were not disclosed. The stock reacted negatively, dropping 3.83% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Hawaiian Electric's upcoming earnings report, particularly due to the company's essential role in Hawaii's energy landscape.

Bull Case

If Hawaiian Electric shows improved EPS and revenue growth, it could signal a recovery in profitability and increased demand for its services.

Bear Case

Conversely, if the company reports disappointing earnings or reveals challenges in maintaining customer growth, it could lead to further declines in stock value.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

The EPS figure will be crucial in assessing the company's profitability and could significantly influence investor sentiment.

How many customers does Hawaiian Electric currently serve?

Customer count is a key indicator of market demand and growth potential, impacting future revenue projections.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for Hawaiian Electric to improve its customer base and profitability due to recent investments in renewable energy.

Supporting Evidence

The options market is pricing a larger move than historical averages, indicating heightened uncertainty.

Past performance shows that the company has often surprised investors with better-than-expected results despite recent challenges.

Key Risk

If the EPS exceeds $0.20, it could challenge the current cautious sentiment in the market.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report is critical as it will reveal the company's financial health and its ability to grow in a competitive utility market.

Bull Confirmed If

A positive EPS of $0.20 or higher would confirm the bull case.

Bear Confirmed If

An EPS below $0.15 would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±18.23%

Historical Avg

±1.3%

Pricing rich

The options market is pricing in a significant potential move, reflecting uncertainty about the upcoming earnings report.

Options are pricing ±18.2% while HE has averaged ±1.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

28.8%

Calls (26K)P/C Ratio: 0.06Puts (9K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Hawaiian Electric beats expectations, history suggests a potential stock increase of around 1.29%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await clearer guidance.

Miss

A miss could lead to a decline in stock value, with historical patterns suggesting an average drop of 1.91%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer growth and retention strategies.
2Details on cost management and operational efficiencies.
3Insights into renewable energy initiatives and their impact on profitability.
4Management's outlook on regulatory changes affecting the utility sector.
5Any commentary on capital expenditures and future investments.

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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Hawaiian Electric Industries, Inc. (HE) is a utility company that provides electricity to the Hawaiian Islands....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of the company's profitability and performance, which investors closely monitor.

N/A

Revenue Growth

Revenue growth indicates the company's ability to expand its customer base and increase sales, essential for long-term sustainability.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

HE Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

Avg EPS Surprise

-25.32%

Avg Stock Reaction

-0.98%

Last Quarter Recap

In Q1-2026, Hawaiian Electric reported an EPS of $0.18, but the revenue figures were not disclosed. The stock reacted negatively, dropping 3.83% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Hawaiian Electric's upcoming earnings report, particularly due to the company's essential role in Hawaii's energy landscape.

Bull Case

If Hawaiian Electric shows improved EPS and revenue growth, it could signal a recovery in profitability and increased demand for its services.

Bear Case

Conversely, if the company reports disappointing earnings or reveals challenges in maintaining customer growth, it could lead to further declines in stock value.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

The EPS figure will be crucial in assessing the company's profitability and could significantly influence investor sentiment.

How many customers does Hawaiian Electric currently serve?

Customer count is a key indicator of market demand and growth potential, impacting future revenue projections.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate the potential for Hawaiian Electric to improve its customer base and profitability due to recent investments in renewable energy.

Supporting Evidence

The options market is pricing a larger move than historical averages, indicating heightened uncertainty.

Past performance shows that the company has often surprised investors with better-than-expected results despite recent challenges.

Key Risk

If the EPS exceeds $0.20, it could challenge the current cautious sentiment in the market.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report is critical as it will reveal the company's financial health and its ability to grow in a competitive utility market.

Bull Confirmed If

A positive EPS of $0.20 or higher would confirm the bull case.

Bear Confirmed If

An EPS below $0.15 would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±18.23%

Historical Avg

±1.3%

Pricing rich

The options market is pricing in a significant potential move, reflecting uncertainty about the upcoming earnings report.

Options are pricing ±18.2% while HE has averaged ±1.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

28.8%

Calls (26K)P/C Ratio: 0.06Puts (9K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Hawaiian Electric beats expectations, history suggests a potential stock increase of around 1.29%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await clearer guidance.

Miss

A miss could lead to a decline in stock value, with historical patterns suggesting an average drop of 1.91%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer growth and retention strategies.
2Details on cost management and operational efficiencies.
3Insights into renewable energy initiatives and their impact on profitability.
4Management's outlook on regulatory changes affecting the utility sector.
5Any commentary on capital expenditures and future investments.