Hawaiian (NASDAQ:HA - Get Free Report) posted its quarterly earnings results on Tuesday. The transportation company reported ($2.77) EPS for the quarter, missing analysts' consensus estimates of ($2.75) by ($0.02), Briefing.com reports. Hawaiian had a negative return on equity of 171.49% and a negative net margin of 9.59%. The business had revenue of $645.57 million for the quarter, compared to analyst estimates of $629.24 million. During the same period last year, the firm posted ($2.17) EPS. Hawaiian's quarterly revenue was up 5.4% on a year-over-year basis.
Hawaiian Stock Down 3.7 %
Hawaiian stock traded down $0.48 during mid-day trading on Wednesday, reaching $12.42. The stock had a trading volume of 1,469,169 shares, compared to its average volume of 998,465. The company has a debt-to-equity ratio of 16.74, a quick ratio of 1.02 and a current ratio of 1.02. Hawaiian has a fifty-two week low of $3.70 and a fifty-two week high of $14.89. The stock's 50-day simple moving average is $13.58 and its 200-day simple moving average is $11.17. The firm has a market capitalization of $643.96 million, a PE ratio of -2.46 and a beta of 2.39.
Analyst Ratings Changes
Separately, Susquehanna decreased their target price on Hawaiian from $15.00 to $14.00 and set a "neutral" rating for the company in a research note on Wednesday.
View Our Latest Stock Analysis on Hawaiian
Hawaiian Company Profile
(
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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.
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