Stock Track | Hawaiian Electric Stock Plunges 5% After Disappointing Q3 Earnings

Stock Track11-11

Hawaiian Electric Industries, Inc. (NYSE: HE) experienced a significant decline in its stock price on Friday, November 11th, 2024, plummeting by 5.08%. This drop came after the company reported disappointing third-quarter earnings results on the previous day.

According to the earnings report, Hawaiian Electric's sales increased to $938.4 million in the third quarter, up from $901.87 million in the same period last year. However, the company's financial performance fell short of analysts' expectations, leading to a sell-off in its shares.

The utilities sector, including Hawaiian Electric, has been in the spotlight recently as analysts weigh in on various companies within the industry. Analysts have provided insights on Hawaiian Electric, as well as other utilities companies like Emera and CGN Power Co., potentially influencing market sentiments and contributing to the stock's decline.

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(NYSE: HE) experienced a significant decline in its stock price on Friday, November 11th, 2024, plummeting by 5.08%. This drop came after the company reported ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HE","symbol_name":"夏威夷电力","start_time":0,"source_url":"","article_id":"1174304808","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1174304808","pubTimestamp":1731335745,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Hawaiian Electric Industries, Inc.  experienced a significant decline in its stock price on Friday, November 11th, 2024, plummeting by 5.08%. 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