Hawaiian Holdings (HA – Snapshot Report) just released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.85 and revenue of $574 million.
Currently, HA has a Zacks Rank #1 (Strong Buy), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
Hawaiian Holdings:
1. Met earnings estimates. The company posted $0.85, meeting our Zacks Consensus Estimate of $0.85. This number excludes $0.19 from nonrecurring items.
2. Beat revenue estimates. The company saw revenue figures of $574 million, surpassing our estimate of $569 million.
3. Adjusted net income in the fourth quarter grew to $48.5 million, an increase of $22.4 million or $0.45 cents per diluted share year-over-year.
4. “Our fourth quarter results finish off a great year for Hawaiian,” said Mark Dunkerley, Hawaiian Airlines president and chief executive officer.”The low cost of fuel, robust demand in all of our major geographies, manageable industry capacity growth between the US mainland and Hawai’i in the second half of the year, and the wonderful customer service delivered by my colleagues on the ground and in the air have combined for a record setting 2015.
5. HA was up $1.65, or 5.10%, to $34.00 as of 4:39 PM ET in after hours trading shortly after its earnings report was released.
Here’s a graph that looks at Hawaiian Holdings’ long-term quarterly net income:
Hawaiian Holdings Inc. (HA – Snapshot Report) Quarterly Net Income | FindTheCompany
Headquartered in Honolulu, Hawaii, Hawaiian Holdings is the holding company of Hawaii’s largest airline, Hawaiian Airlines. The airline operates its main hub at Honolulu International Airport and a secondary hub at Kahului Airport on the island of Maui. Hawaiian Airlines was founded in 1929, operating under the name Inter-Island Airways and providing short sightseeing flights between the eight Hawaiian Islands. Today, the company transports mail, cargo, and passengers, and has daily service routes between Hawaii and prominent Western cities Las Vegas, Los Angeles, San Francisco, Seattle, and Portland, among others.
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