Hawaiian Electric Industries (HE) reported Q4 non-GAAP core earnings late Friday of $0.20 per diluted share, down from $0.34 a year earlier.
Four analysts polled by FactSet expected $0.39.
Revenue in the three months ended Dec. 31 fell to $799.2 million from $853.4 million a year earlier.
Shares of the company fell 3.8% in after-hours trading.