Hawaiian Holdings (HA) Tops Q1 EPS by 3c
Hawaiian Holdings (NASDAQ: HA) reported Q1 EPS of $0.67, $0.03 better than the analyst estimate of $0.64. Revenue for the quarter came in at $656.8 million versus the consensus estimate of $655.88 million.
Second Quarter and Full Year 2019 Outlook
The table below summarizes the Company's expectations for the second quarter ending June 30, 2019 and the full year ending December 31, 2019 expressed as an expected percentage change compared to the results for the quarter ended June 30, 2018, and the full year ended December 31, 2018, as applicable.
Second Quarter | GAAP Second Quarter | |||||
Item | 2019 Guidance | GAAP Equivalent | 2019 Guidance | |||
ASMs | Up 1.5 - 3.5% | |||||
Operating revenue per ASM | Down 2.0 - 5.0% | |||||
Cost per ASM excluding fuel and non-recurring items (a) | Down 0.5% - Up 2.5% | Cost per ASM (a) | Down 2.2% - Up 0.3% | |||
Gallons of jet fuel consumed | Flat - Down 3.0% | |||||
Economic fuel cost per gallon (b)(c) | $2.19 | Fuel cost per gallon (b) | $2.16 | |||
Full Year | GAAP Full Year | |||||
Item | 2019 Guidance | GAAP Equivalent | 2019 Guidance | |||
ASMs | Up 1.5 - 4.5% | |||||
Cost per ASM excluding fuel and non-recurring items (a) | Flat - Up 3.0% | Cost per ASM (a) | Down 0.7 - 2.9% | |||
Gallons of jet fuel consumed | Down 2.5% - Up 0.5% | |||||
Economic fuel cost per gallon (b)(c) | $2.16 | Fuel cost per gallon (b) | $2.14 |
For earnings history and earnings-related data on Hawaiian Holdings (HA) click here.