Hawaiian Electric Industries, Inc. (NYSE:HE) Q1 2024 Earnings Call Transcript May 10, 2024 Hawaiian Electric Industries, Inc. misses on earnings expectations. Reported EPS is $0.3856 EPS, expectations were $0.54. Hawaiian Electric Industries, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). […]
Hawaiian Electric is working with advisers to consider various options for the bank, including a full or partial sale, the report said, which added that no final decision has been made. Hawaiian Electric in an emailed statement to Reuters said it does not comment on "rumors or speculation", while American Savings Bank did not immediately reply to a request for comment. Shares of Hawaiian Electric were down 4.5% at $10.40 in afternoon trade.
Hawaiian Electric Industries is weighing the sale of its American Savings Bank FSB, Bloomberg News reported on Thursday, citing people familiar with the matter. Hawaiian Electric is working with advisers to consider various options for the bank, including a full or partial sale, the report said, which added that no final decision has been made. Hawaiian Electric in an emailed statement to Reuters said it does not comment on "rumors or speculation", while American Savings Bank did not immediately reply to a request for comment.