HAWAIIAN ELECTRIC INDUSTRIES INC - 8-K Filing
Hawaiian Electric Industries (HEI) reported first-quarter net income of $30 million ($0.18 per share), up from $27 million ($0.15 per share) in Q1 2025, driven by a finalized wildfire settlement and core operations performing well despite higher expenses related to storms and insurance costs. HEI received the first of four annual $479 million payments under its global wildfire tort litigation settlement, which led to credit rating upgrades for both HEI (to Ba2) and Hawaiian Electric (Ba1). The company expects elevated 2026 operations and maintenance expenses due to storm response, insurance de... (Items: 2.02 Results of Operations and Financial Condition, 9.01 Financial Statements and Exhibits)
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