Hawaiian Holdings Q3 Beats on EPS, Misses on Revenue
Shares of Hawaiian Holdings , the parent company of Hawaiian Airlines, are trading down in post-market activity following the release of the company's Q3 results. For the quarter, total revenue came in just under $600 million, a 9% improvement over the $549 million in the same period the previous year. Net income dropped to $40.6 million ($0.76 per diluted share) from Q3 2012's $45.5 million ($0.86).
Analysts had been expecting revenue of $605 million and EPS of $0.72.
The company provided a set of forward guidance metrics for its current Q4. Operating revenue is expected to come in at $0.1230, while cost per available seat mile (excluding fuel) is estimated at $0.0763. Total ASMs are anticipated to amount to just over 4 billion.
Following the announcement of the results, the company's stock declined by 2.2%, or $0.18, to $8.18 in after-hours trading.
The article Hawaiian Holdings Q3 Beats on EPS, Misses on Revenue originally appeared on Fool.com.
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