Hawaiian Electric Industries, Inc. (NYSE:HE) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET
Company Participants
Mateo Garcia – Director-Investor Relations
Scott Seu – President and Chief Executive Officer
Scott Deghetto – Executive Vice President, Chief Financial Officer and Treasurer
Shelee Kimura – President and Chief Executive Officer-Hawaiian Electric Company, Inc.
Paul Ito – Chief Financial Officer
Conference Call Participants
Mike Lonegan – Evercore
Julien Dumoulin-Smith – Bank of America
Paul Patterson – Glenrock Associates
Operator
Good day, everyone, and welcome to the Hawaiian Electric Industries Third Quarter 2023 Earnings Call. Today’s call is being recorded and all lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] I would now like to turn the conference over to Mateo Garcia, Director of Investor Relations. Please go ahead, sir.
Mateo Garcia
Thank you. Welcome everyone to HEI’s third quarter 2023 earnings call. Joining me today are Scott Seu, HEI President and CEO; Scott Deghetto, HEI’s Executive Vice President, CFO and Treasurer; Shelee Kimura, Hawaiian Electric President and CEO; Ann Teranishi, American Savings Bank President and CEO; and other members of senior management.
Our earnings release and our presentation for this call are available in the Investor Relations section of our website. As a reminder, forward-looking statements will be made on today’s call. Factors that could cause actual results to differ materially from expectations can be found in our presentation, our SEC filings and in the Investor Relations section of our website.
Today’s presentation also includes references to non-GAAP financial measures. You should refer to the information contained in the slides accompanying today’s presentation for definitional information and reconciliations of historical non-GAAP measures to the closest GAAP financial measure.
Now, Scott Seu will begin with his remarks.
Scott Seu
Aloha kakou. Welcome everyone. Given the August wildfires that impacted our customers and communities, our discussion today will be different from our usual earnings calls. I’ll start with an overview of what we’re doing across our companies to reinforce our commitment to serving our communities for the long term. Shelee Kimura will then provide an update from the utility on our response and rebuilding efforts. Scott Deghetto, who started as HEI’s CFO on October 1, will then walk you through the quarter’s financials and provide an update on our guidance.
It’s been three months since the tragedy of the August 8 wildfires forever altered the lives of so many of Maui’s and Hawaii’s residents. The tragedy is still fresh for us, and the scale of the loss is difficult for our hearts and minds to process. We have friends, family, neighbors, and employees on Maui who have experienced loss and pain on a scale that no one ever should.