HONOLULU (AP) _ Hawaiian Holdings Inc. (HA) on Tuesday reported second-quarter net income of $57.8 million.
The Honolulu-based company said it had profit of $1.21 per share. Earnings, adjusted for non-recurring costs, were $1.23 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The parent company of Hawaiian Airlines posted revenue of $712.2 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $707.5 million.
Hawaiian Holdings shares have risen 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $26.69, a fall of 33% in the last 12 months.