Hawaiian Electric reports Q2 core EPS 44c

Reports Q2 net loss ($11.74) including accrual of estimated wildfire liabilities from tort-related legal claims. Reports Q2 revenue $897.36M. “Our core operations remain strong across the enterprise, and both our utility and bank remain very well-positioned to continue serving our customers and communities for the long term. The utility continues to rapidly advance wildfire mitigation and resilience efforts, and excluding the goodwill impairment taken during the quarter, our bank is improving profitability while maintaining a strong capital and liquidity position,” said Scott Seu, HEI president and CEO.