Shares of Hawaiian Electric Industries, Inc. HE have improved 0.1% following the company’s second-quarter 2022 results, reflecting investors’ optimism about the outcome.The company reported earnings per share (EPS) of 48 cents for the second quarter of 2022, which lagged the Zacks Consensus Estimate of 52 cents by 7.7%.The bottom line also declined 17.2% from 58 cents per share in the prior-year quarter, primarily due to the prior year's negative provision for credit losses at American Savings Bank and a return to a more normalized provision expense due to strong loan growth.Total RevenuesHawaiian Electric’s total revenues of $895.6 million in the second quarter improved 31.7% from the prior-year quarter’s $680.3 million. The rise in revenues can be attributed to increased contributions from the Electric Utility and Other segments.Hawaiian Electric Industries, Inc. Price, Consensus and EPS Surprise Hawaiian Electric Industries, Inc. price-consensus-eps-surprise-chart | Hawaiian Electric Industries, Inc. QuoteSegment DetailsElectric Utility: Revenues in this segment totaled $818.9 million, up 36.1% year over year.Banking: In this segment, revenues totaled $75.3 million, down 2.5% year over year.Others: Revenues from other sources surged 26.1% to $1,410 million from $1,118 million in the year-ago quarter.Operating StatisticsTotal expenses increased 39.9% year over year to $808.9 million in the second quarter. The increase can be attributed to higher expenses in the Electric Utility and Bank segments and Other segments.The total operating income declined 14.9% year over year to $86.7 million in the second quarter.Net interest expenses during the quarter amounted to $24.9 million, up 7.1% from $23.3 million in the prior-year quarter.2022 GuidanceHawaiian Electric reiterated its 2022 EPS guidance in the range of $2.00-$2.20. The Zacks Consensus Estimate for earnings, pegged at $2.19, lies at the higher end of the company’s guided range.Zacks RankHawaiian Electric currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Utility ReleasesNextEra Energy, Inc. NEE reported second-quarter 2022 adjusted earnings of 81 cents per share, which beat the Zacks Consensus Estimate of 75 cents by 8%. The bottom line was also up 14.1% from the prior-year quarter.For the second quarter, NextEra’s operating revenues were $5,183 million, which lagged the Zacks Consensus Estimate of $5,681 million by 8.8%. However, NEE’s top line improved 31.9% year over year.American Electric Power Company, Inc. AEP reported second-quarter 2022 operating EPS of $1.20, which beat the Zacks Consensus Estimate of $1.18 by 1.7%. The bottom line also improved 1.7% from $1.18 per share in the year-ago quarter.American Electric’s second-quarter revenues of $4,593.8 million beat the Zacks Consensus Estimate of $4,191.2 million by 9.6%. AEP expects 2022 operating earnings in the range of $4.87-$5.07 per share.DTE Energy Company DTE reported second-quarter 2022 operating EPS of 88 cents, which missed the Zacks Consensus Estimate of $1.00 by 12%. The bottom line also decreased 27.9% from the year-ago quarter’s $1.22 per share.The operating net income in the reported quarter totaled $171 million compared with $235 million in the year-ago quarter. DTE increased its 2022 operating EPS guidance range from $5.80-$6.00 to the $5.90-$6.10 range. Zacks' Top Picks to Cash in on Electric Vehicles Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks’ Special Report reveals 5 picks investorsSee 5 EV Stocks With Extreme Upside Potential >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report DTE Energy Company (DTE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report Hawaiian Electric Industries, Inc. (HE): Free Stock Analysis Report To read this article on Zacks.com click here.