Hawaiian Holdings Inc. (HA) reported that its third-quarter net income increased to $30.670 million from $6.037 million last year. Earnings per share was $0.58 compared to $0.12 last year.
Pro-forma net income excluding one-time tax benefit was $10.670 million or $0.20 per share. On average, 4 analysts polled by Thomson Reuters expected the company to report profit of $0.28 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenue decreased to $305.627 million from $339.918 million last year. Analysts expected revenue of $299.26 million for the quarter.
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