Hawaiian Airlines Reports 2023 Fourth Quarter Losses
(AP) — HONOLULU (AP) — Hawaiian Holdings Inc. (HA) on Tuesday reported a loss of $101.2 million in its fourth quarter. The Honolulu-based company said it had a loss of $1.96 per share. Losses, adjusted for non-recurring Hawaiian Holdings Inc. (HA) reported a loss of $101.2 million in its fourth quarter, adjusted for non-recurring gains, and revenue of $669.1 million, which also fell short of Wall Street forecasts. For the year, the company reported a $260.5 million loss or $5.05 per share, with revenue reported at $2.72 billion.
Published : 3 months ago by in Travel Finance
(AP) — HONOLULU (AP) — Hawaiian Holdings Inc. (HA) on Tuesday reported a loss of $101.2 million in its fourth quarter.
The Honolulu-based company said it had a loss of $1.96 per share. Losses, adjusted for non-recurring gains, were $2.37 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $2.35 per share.
The parent company of Hawaiian Airlines posted revenue of $669.1 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $669.2 million.
For the year, the company reported a loss of $260.5 million, or $5.05 per share. Revenue was reported as $2.72 billion.
Topics: Markets, Aviation, Airlines