Shares of Hawaiian Holdings (NASDAQ: HA) were falling today after the Hawaii-focused airline continued to face pandemic headwinds in its fourth-quarter earnings report, and offered weaker-than-expected guidance for the current quarter. Overall revenue in the quarter rose 3.2% compared to the fourth quarter of 2019, reaching $731 million as the company called out strong domestic demand but noted weakness out of Japan. Capacity as measured by available seat miles was down 6% from the fourth quarter of 2019.
Hawaiian Holdings (HA) delivered earnings and revenue surprises of 30.99% and 0.89%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Hawaiian Holdings, Inc. (NASDAQ: HA) (the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported its financial results for the fourth quarter and full year 2022.