Hawaiian Holdings Q4 Adj EPS $(2.37) Misses $(2.35) Estimate, Sales $669.07M Beat $668.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Holdings, Inc. (NASDAQ: HA) reported a Q4 adjusted EPS loss of $(2.37), slightly missing the $(2.35) estimate. However, their sales of $669.07M marginally beat the $668.97M estimate. Compared to the same quarter last year, the EPS loss increased by 383.67%, and sales decreased by 8.48% from $731.03M.

January 30, 2024 | 9:06 pm
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Hawaiian Holdings reported a larger than expected Q4 adjusted EPS loss and a slight beat on sales estimates, with significant year-over-year declines.
The reported EPS miss, although marginal, indicates a larger than anticipated loss, which is typically negative for investor sentiment. The slight sales beat may not be sufficient to offset the negative impact of the earnings miss. The significant year-over-year decline in both EPS and sales further underscores the company's financial challenges, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100