UPDATE: Hawaiian Holdings Q2 Adj EPS $(0.47) Beats $(0.61) Estimate, Sales $706.93M Beat $698.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Holdings reported Q2 adjusted EPS of $(0.47), beating the estimated $(0.61). The company's sales also surpassed the estimate, coming in at $706.93M against the expected $698.81M.
July 25, 2023 | 8:38 pm
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POSITIVE IMPACT
Hawaiian Holdings reported better than expected Q2 results, with both EPS and sales beating estimates.
Hawaiian Holdings' Q2 results exceeded expectations, which could lead to a positive market reaction. The better than expected EPS indicates the company's profitability is stronger than anticipated, while the higher sales suggest strong demand for its services. Both factors could boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100