Hawaiian (NASDAQ:HA) announced its quarterly earnings data on Monday, January 29th. The transportation company reported $1.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.10, Briefing.com reports. The firm had revenue of $686.50 million for the quarter, compared to the consensus estimate of $686.00 million. Hawaiian had a net margin of 13.51% and a return on equity of 38.73%. The company’s revenue was up 8.5% on a year-over-year basis. During the same period last year, the firm earned $1.28 EPS.
Shares of Hawaiian (NASDAQ HA) opened at $38.40 on Thursday. The firm has a market cap of $2,010.00, a P/E ratio of 7.89, a price-to-earnings-growth ratio of 3.29 and a beta of 1.54. Hawaiian has a 12-month low of $32.40 and a 12-month high of $59.45. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.90 and a current ratio of 0.90.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.25%. The ex-dividend date is Tuesday, February 13th. Hawaiian’s dividend payout ratio is presently 9.86%.
Hawaiian announced that its board has authorized a stock repurchase program on Tuesday, December 5th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the transportation company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.
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Hawaiian Holdings, Inc is a holding company. The Company is engaged in the scheduled air transportation of passengers and cargo amongst the Hawaiian Islands (the Neighbor Island routes), between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes), collectively referred to as its Scheduled Operations.
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