Hawaiian (NASDAQ:HA) Announces Quarterly Earnings Results

Hawaiian (NASDAQ:HA) posted its quarterly earnings data on Tuesday. The transportation company reported ($2.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.75) by ($0.02), Briefing.com reports. Hawaiian had a negative return on equity of 301.69% and a negative net margin of 10.90%. The firm had revenue of $645.57 million for the quarter, compared to analyst estimates of $629.24 million. During the same period in the prior year, the company posted ($2.17) EPS. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year.

Hawaiian Stock Performance

HA stock opened at $12.12 on Friday. The business’s fifty day moving average is $13.54 and its 200-day moving average is $11.18. The company has a quick ratio of 1.02, a current ratio of 0.89 and a debt-to-equity ratio of 16.74. The company has a market cap of $628.42 million, a P/E ratio of -2.09 and a beta of 2.39. Hawaiian has a twelve month low of $3.70 and a twelve month high of $14.89.

Analyst Ratings Changes

Separately, Susquehanna reduced their price objective on Hawaiian from $15.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday.

Hawaiian Company Profile

Hawaiian Holdings, Inc, through its subsidiary, Hawaiian Airlines, Inc, engages in the scheduled air transportation of passengers and cargo. It provides daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Ontario, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; New York City, New York; Austin, Texas; and Boston, Massachusetts.