Earnings Preview: Hawaiian Holdings (HA) Q2 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Hawaiian Holdings despite an increase in revenues, with the actual results being crucial for stock price movement [1] Financial Expectations - Hawaiian Holdings is expected to report a quarterly loss of $1.30 per share, reflecting a year-over-year change of -176.6$749.3 million, which is a 6% increase from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [2] - The Most Accurate Estimate for Hawaiian Holdings is lower than the Zacks Consensus Estimate, leading to an Earnings ESP of -22.31%, suggesting a bearish sentiment among analysts [5] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a strong Zacks Rank [4] - Hawaiian Holdings currently holds a Zacks Rank of 3, making it difficult to predict an earnings beat conclusively [6] Historical Performance - In the last reported quarter, Hawaiian Holdings was expected to post a loss of $2.75 per share but actually reported a loss of$2.77, resulting in a surprise of -0.73% [7] - Over the past four quarters, the company has only beaten consensus EPS estimates once [7] Conclusion - While an earnings beat or miss can influence stock movement, other factors also play a significant role [8] - Hawaiian Holdings does not appear to be a compelling candidate for an earnings beat, and investors should consider additional factors before making investment decisions [8]