Pre-earnings brief
Reports
Fri, Nov 13, 2026
Est. EPS
—
Est. revenue
—
Implied move
±11.2%
EPS beat rate
0%
Hawaiian Electric Industries, Inc. (HE) operates in the utilities sector, primarily providing electric power to residents and businesses in Hawaii. As a key player in the electric utilities industry, the company is crucial for supporting the state's energy needs and transitioning to more sustainable energy sources.
Last quarter
In Q2 2026, Hawaiian Electric reported an EPS of $0.13, which was below expectations. The stock reacted negatively, declining by 0.72% the following day.
EPS beat streak
0Q
EPS beat rate
0%
Avg EPS surprise
-25.32%
Avg 1-day reaction
-0.69%
Investors are cautious ahead of the upcoming earnings report, given the company's recent performance and lack of analyst estimates. There is uncertainty about how the company will navigate ongoing challenges in the energy sector.
Bull case
If Hawaiian Electric can demonstrate strong revenue growth and improved profitability, it may signal effective management and a positive outlook for the future.
Bear case
Conversely, if the company reports disappointing earnings or revenue figures, it could reinforce concerns about its ability to compete and adapt to changing energy demands.
The print will turn on these.
Q1
What will the EPS be for Q3-2026?
The EPS figure will be crucial in determining the company's profitability and could significantly influence investor sentiment.
Q2
How is Hawaiian Electric addressing the challenges in energy supply and demand?
Understanding the company's strategy in managing energy supply and demand will be vital for assessing its future growth potential.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±7.7%
Why consensus could be wrong
The market may be underestimating Hawaiian Electric's potential for operational improvements and revenue growth in a transitioning energy landscape.
Supporting evidence
The options market is pricing a significant move, indicating heightened expectations that may not align with the company's actual performance.
The historical trend shows that the stock has often reacted negatively after earnings, which could lead to an oversold situation if results are better than expected.
Key risk
If EPS comes in above $0.20, it could challenge the current cautious sentiment and shift investor perception positively.
Pre-commit to what would confirm each case.
The upcoming earnings report is critical as it will provide insights into the company's financial health and operational strategies.
Bull confirmed if
An EPS of $0.20 or higher would indicate improved profitability and effective management.
Bear confirmed if
An EPS below $0.10 would raise concerns about the company's ability to manage costs and revenues effectively.
What the market is pricing for the move.
Implied Move
±11.15%
Historical Avg
±1.0%
The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement.
Options are pricing ±11.2% while HE has averaged ±1.0% over the last 8 prints — setup is pricing rich.
ATM IV
0.4%
30d HV
25.1%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Hawaiian Electric beats expectations, history suggests the stock could rise by approximately 1.67%, confirming a positive outlook.
In line / cautious
If results are in line with expectations, the stock may experience a muted reaction, reflecting ongoing investor caution.
Miss
If the company misses earnings expectations, history suggests a potential decline of around 1.91%, indicating increased investor concern.
The lines on the call that would change the story.