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Hawaiian Holdings: 1Q Earnings Snapshot

HONOLULU (AP) _ Hawaiian Holdings Inc. (HA) on Tuesday reported a first-quarter loss of $144.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Honolulu-based company said it had a loss of $3.14. Losses, adjusted for non-recurring costs, came to 74 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of $1 per share.

The parent company of Hawaiian Airlines posted revenue of $559.1 million in the period.

Hawaiian Holdings shares have decreased 57% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.56, a fall of 56% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HA at https://www.zacks.com/ap/HA