Hawaiian Holdings (HA) Misses Q4 EPS by 18c

Hawaiian Holdings (NASDAQ: HA) reported Q4 EPS of ($3.71), $0.18 worse than the analyst estimate of ($3.53). Revenue for the quarter came in at $149.7 million versus the consensus estimate of $149.45 million.

First Quarter 2021 Outlook:

The Company announced on December 8, 2020 that it will launch four new routes in March and April 2021; nonstop flights from Honolulu to Austin, Texas; Orlando, Florida, and Ontario, California as well as a new flight from Long Beach, California to Maui.

The Company expects its first quarter 2021 capacity to be down about 50% compared to the first quarter of 2019, with the State of Hawai'i's pre-travel testing program anticipated to remain in place throughout the first quarter.

The Company expects its full year 2021 capital expenditures to be approximately $50 - $70 million.

Statistical information, as well as a reconciliation of the non-GAAP financial measures, can be found in the accompanying tables.

For earnings history and earnings-related data on Hawaiian Holdings (HA) click here.

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