Shares of Hawaiian Holdings (HA - Free Report) have seen an uptick of a mere 0.3% in its share price since it released the fourth quarter 2022 earnings on 31 Jan. The uptick, even though marginal, may be owing to the narrower- than-expected loss posted by the company in fourth-quarter 2022.
Hawaiian Holdings, (HA - Free Report) posted a fourth-quarter 2022 loss (excluding 49 cents from non-recurring items) of 49 cents per share which was narrower than the Zacks Consensus Estimate of a loss of 71 cents. Moreover, the quarterly loss was narrower than the year-ago loss of $1.37.
Quarterly revenues of $731 million surged 47.8% year over year but missed the Zacks Consensus Estimate of $737.6 million. The year-over-year growth was primarily owing to the 53.9% rise in passenger revenues owing to upbeat air-travel demand. Notably, passenger revenues accounted for 89% of the top line in fourth-quarter 2022.
Where Will Stocks Go…
If Biden Wins? If Trump Wins?
The answers may surprise you.
Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!
Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…
1. Medical manufacturer has gained +11,000% in the last 15 years.
2. Rental company is absolutely crushing its sector.
3. Energy powerhouse plans to grow its already large dividend by 25%.
4. Aerospace and defense standout just landed a potentially $80 billion contract.
5. Giant Chipmaker is building huge plants in the U.S.
Hurry, Download Special Report FREE >>
Shares of Hawaiian Holdings (HA - Free Report) have seen an uptick of a mere 0.3% in its share price since it released the fourth quarter 2022 earnings on 31 Jan. The uptick, even though marginal, may be owing to the narrower- than-expected loss posted by the company in fourth-quarter 2022.
Hawaiian Holdings, (HA - Free Report) posted a fourth-quarter 2022 loss (excluding 49 cents from non-recurring items) of 49 cents per share which was narrower than the Zacks Consensus Estimate of a loss of 71 cents. Moreover, the quarterly loss was narrower than the year-ago loss of $1.37.
Quarterly revenues of $731 million surged 47.8% year over year but missed the Zacks Consensus Estimate of $737.6 million. The year-over-year growth was primarily owing to the 53.9% rise in passenger revenues owing to upbeat air-travel demand. Notably, passenger revenues accounted for 89% of the top line in fourth-quarter 2022.
Where Will Stocks Go…
If Biden Wins? If Trump Wins?
The answers may surprise you.
Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!
Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…
1. Medical manufacturer has gained +11,000% in the last 15 years.
2. Rental company is absolutely crushing its sector.
3. Energy powerhouse plans to grow its already large dividend by 25%.
4. Aerospace and defense standout just landed a potentially $80 billion contract.
5. Giant Chipmaker is building huge plants in the U.S.
Hurry, Download Special Report FREE >>
Get the latest research report on DAL - FREE
Get the latest research report on ALK - FREE
Get the latest research report on HA - FREE