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Here's What Key Metrics Tell Us About Hawaiian Holdings (HA) Q3 Earnings
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For the quarter ended September 2023, Hawaiian Holdings (HA - Free Report) reported revenue of $727.68 million, down 1.8% over the same period last year. EPS came in at -$1.06, compared to -$0.15 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $743.1 million, representing a surprise of -2.08%. The company delivered an EPS surprise of -16.48%, with the consensus EPS estimate being -$0.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Hawaiian Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Operations - Available seat miles (ASM): 5,168.88 million compared to the 5,191.26 million average estimate based on two analysts.
Total Operations - Revenue passenger miles (RPM): 4,451.48 million versus 4,439.92 million estimated by two analysts on average.
Scheduled Operations - Passenger load factor (RPM/ASM): 86.1% versus the two-analyst average estimate of 86.7%.
Operating Revenue- Other: $62.81 million versus the two-analyst average estimate of $72.66 million. The reported number represents a year-over-year change of -19.5%.
Operating Revenue- Passenger: $664.87 million versus $687.20 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
Shares of Hawaiian Holdings have returned -36.3% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Here's What Key Metrics Tell Us About Hawaiian Holdings (HA) Q3 Earnings
For the quarter ended September 2023, Hawaiian Holdings (HA - Free Report) reported revenue of $727.68 million, down 1.8% over the same period last year. EPS came in at -$1.06, compared to -$0.15 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $743.1 million, representing a surprise of -2.08%. The company delivered an EPS surprise of -16.48%, with the consensus EPS estimate being -$0.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Hawaiian Holdings performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Operations - Available seat miles (ASM): 5,168.88 million compared to the 5,191.26 million average estimate based on two analysts.
- Total Operations - Revenue passenger miles (RPM): 4,451.48 million versus 4,439.92 million estimated by two analysts on average.
- Scheduled Operations - Passenger load factor (RPM/ASM): 86.1% versus the two-analyst average estimate of 86.7%.
- Operating Revenue- Other: $62.81 million versus the two-analyst average estimate of $72.66 million. The reported number represents a year-over-year change of -19.5%.
- Operating Revenue- Passenger: $664.87 million versus $687.20 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change.
View all Key Company Metrics for Hawaiian Holdings here>>>Shares of Hawaiian Holdings have returned -36.3% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.