Hawaiian Electric Industries Beats Q3 2026 Estimates as Revenue Rises 28% to $1.01B
Revenue of $1.01B vs. $939.0M expected and adjusted EPS of $0.13 vs. $0.09; revenue up 28% from a year earlier.
Hawaiian Electric Industries (HE) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $1.01 billion, up 28% from a year earlier, above the $939.0 million estimate, and adjusted EPS was $0.13, down 32% from a year earlier, above the $0.09 estimate.
Shares were unchanged in after-hours trading as of 4:06 p.m. ET, to $8.44 from a $8.44 close.
Q3 2026 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $0.09 | $0.13 | Beat by 51% |
| Revenue | $939.0M | $1.01B | Beat by 7.4% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▼ 32% | Unchanged |
| Revenue | ▲ 28% | ▲ 7.3% |
By our calculation, revenue was $69.7 million above the estimate and adjusted EPS was $0.04 above it. The QoQ column compares with the previous quarter's revenue of $939.7 million and adjusted EPS of $0.13. The YoY column compares with $790.6 million and $0.19 in the same quarter a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 2 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 1 of the last 5 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $790.6 million, $805.8 million, $744.0 million, $939.7 million and $1.01 billion.
What to watch
- Next-quarter estimates. Consensus calls for EPS of $0.29 and revenue of $938.4 million next quarter, based on 1 analyst.
- Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 28% increase to $1.01 billion.
- Estimate record. Whether Hawaiian Electric Industries returns to beating EPS estimates, which it did in 2 of its last 8 reports.
- Related coverage. See our reports on Tootsie Roll Industries, CG Oncology, MDA Space and Immunocore.
Sources: Results are from Hawaiian Electric Industries's Nov. 6, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Hawaiian Electric Industries's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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