Hawaiian Holdings, Inc. ($HA) 3Q20 Earnings Preview

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Hawaiian Holdings, Inc. (NASDAQ:HA) is expected to report third quarter earnings results, after market close, on Tuesday 27th October 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 3.48 per share from revenue of $ 97.16 million.

Looking ahead, the full year loss are expected at $ 10.6 per share on the revenues of $ 910.17 million.

Previous Quarter Performance

Hawaiian Holdings, Inc. posted loss for the second quarter of $ 3.81 per share, from the revenue of $ 60.00 million. The quarterly revenues declined 91.53 percent compared with the same quarter last year. Wall street analysts are predicting, HA to report 2Q20 loss of $ 3.48 per share from revenue of $ 61.96 million. The bottom line results missed street analysts by $ 0.33 or 9.48 percent, at the same time, top line results fell short of analysts by $ 1.96 million or 3.16 percent.

Stock Performance

Shares of Hawaiian Holdings, Inc. traded low $ -0.93 or -5.67 percent on Friday, reaching $ 15.47 with volume of 1.34 million shares. Hawaiian Holdings, Inc. has traded high as $ 16.23 and has cracked $ 15.41 on the downward trend

According to the previous trading day, closing price of $ 15.47, representing a 117.22 % increase from the 52 week low of $ 7.55 and a 47.67 % decrease over the 52 week high of $ 31.34.

The company has a market capital of $ 711.58 million and is part of the Industrials sector and Airlines industry.

Recent Analyst recommendations

  • On 15th September 2020, initiated by Seaport Global Securities at Neutral rating.
Conference Call

Hawaiian Holdings, Inc. will be hosting a conference call at 4:30 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hawaiianairlines.com

Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. The company offers daily services on North America routes between the State of Hawaii and Long Beach, Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; Seattle, Washington, and New York City, New York. It also provides daily service on Neighbor Island routes among the six islands of the State of HawaiI; and international routes between the State of Hawaii and Sydney, Australia, as well as Tokyo and Osaka, Japan.