Hawaiian (HA) Set to Announce Quarterly Earnings on Tuesday

Hawaiian (NASDAQ:HA) is set to issue its quarterly earnings data after the market closes on Tuesday, April 23rd. Analysts expect the company to announce earnings of ($2.33) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Hawaiian (NASDAQ:HA) last issued its quarterly earnings results on Tuesday, January 30th. The transportation company reported ($2.37) EPS for the quarter, missing the consensus estimate of ($2.35) by ($0.02). The company had revenue of $669.07 million during the quarter, compared to analysts’ expectations of $668.97 million. Hawaiian had a negative return on equity of 171.49% and a negative net margin of 9.59%. Hawaiian’s revenue was down 8.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.49) EPS. On average, analysts expect Hawaiian to post $-4 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Hawaiian Stock Performance

HA opened at $12.95 on Friday. The company has a market cap of $671.46 million, a price-to-earnings ratio of -2.56 and a beta of 2.39. The firm’s fifty day simple moving average is $13.62 and its two-hundred day simple moving average is $11.03. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 16.74. Hawaiian has a 52-week low of $3.70 and a 52-week high of $14.89.

Institutional Trading of Hawaiian

A number of hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its holdings in shares of Hawaiian by 195.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,043 shares of the transportation company’s stock worth $44,000 after acquiring an additional 2,675 shares during the period. US Bancorp DE raised its stake in Hawaiian by 187.7% during the fourth quarter. US Bancorp DE now owns 4,005 shares of the transportation company’s stock worth $57,000 after purchasing an additional 2,613 shares during the period. FMR LLC boosted its holdings in Hawaiian by 213.3% in the 1st quarter. FMR LLC now owns 6,375 shares of the transportation company’s stock valued at $58,000 after purchasing an additional 4,340 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Hawaiian by 436.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,669 shares of the transportation company’s stock valued at $61,000 after buying an additional 4,612 shares during the period. Finally, LPL Financial LLC acquired a new stake in shares of Hawaiian during the 3rd quarter worth approximately $71,000. Institutional investors and hedge funds own 70.15% of the company’s stock.

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.