JHVEPhoto/iStock Editorial via Getty Images I wasn't thrilled with First Hawaiian's (NASDAQ:FHB) immediate prospects when I last covered this bank back in March. The worst of its top line pressure was definitely behind it, but the outlook for revenue was still pretty flat, with management guidance of mid-single-digit growth in core operating expenses ultimately implying fairly weak earnings. The stock has actually done okay since then. Regional banks have pulled back a bit in recent weeks, but a roughl ...

Key TakeawaysShares of Hawaiian Holdings rose Wednesday after the Hawaiian Airlines parent agreed to extend the U.S. Department of Justice's review period of its proposed acquisition by Alaska Air Group.The review period for the $1.9 billion deal was originally set to expire earlier this month, and has so far received two extensions, with the new deadline set for 12:01 a.m. ET Friday.Regulators have ramped up antitrust investigations into the airline industry recently, with DOJ lawsuits leading JetBlue and ...

Matteo Colombo First Hawaiian (NASDAQ:FHB) was founded back in 1858 and is headquartered in Honolulu, Hawaii. It is among the best-known banks in the country, and although it has a significant deposit cost advantage, recent years have not been easy. Seeking Alpha As you can see, since the IPO the price return has been -6.08%, a poor result considering that the S&P500 has experienced one of its most bullish phases ever. In particular, since the Fed has gradually raised rates, it seems to have gotten worse. I ...

Key TakeawaysHawaiian Electric Industries said it might not be able to continue as a going concern because of payments needed to cover a legal settlement from the 2023 Maui wildfires.The company and its Hawaiian Electric unit don't have a plan in place to cover the $1.71 billion litigation costs.The company reported a second-quarter loss of $1.3 billion, mostly related to expenses from the fires. Shares of Hawaiian Electric Industries (HE), or HEI, sank Monday after the utility operator warned it may not be ...

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday.Shares of JetBlue Airways Corporation JBLU fell sharply in today's pre-market trading after the company announced a $400 million convertible senior notes offering.JetBlue Airways shares dipped 5.6% to $5.71 in pre-market trading.Here are some big stocks recording losses in today's pre-market trading session.iLearningEngines, Inc. AILE shares declined 25.8% to $4.29 in pre-market trading. ILearningEngines ...

Hawaiian Electric raised a going concern risk in its quarterly earnings report on Friday after it disclosed that it doesn't currently have a financing plan in place yet for the $1.99 billion Maui wildfire settlement it reached earlier this month. The utility company and its parent, Hawaiian Electric Industries, said they're working closely with financial advisers to develop a financing plan for their share of a broader $4 billion settlement reached with victims of the deadly Maui wildfires that killed more ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |--------------------------------------------------------------|------------------------------------------------------------------------| | | | | Commiss ...

For the quarter ended June 2024, Hawaiian Holdings (HA) reported revenue of $731.91 million, up 3.5% over the same period last year. EPS came in at -$1.37, compared to -$0.47 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $749.3 million, representing a surprise of -2.32%. The company delivered an EPS surprise of -7.87%, with the consensus EPS estimate being -$1.27.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

Hawaiian Holdings, Inc. (NASDAQ:HA) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Jay Schaefer - VP and Treasurer Peter Ingram - President and CEO Brent Overbeek - EVP and CRO Shannon Okinaka - EVP and CFO Conference Call Participants Conor Cunningham - Melius Research Shannon Doherty - Deutsche Bank Dan McKenzie - Seaport Global Thomas Fitzgerald - TD Cowen Chris Stathoulopoulos - Susquehanna Operator Greetings and welcome to the Hawaiian Holdings, Inc. Second Quarter 2024 ...

Hawaiian Holdings (HA) came out with a quarterly loss of $1.37 per share versus the Zacks Consensus Estimate of a loss of $1.27. This compares to loss of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.87%. A quarter ago, it was expected that this parent company of Hawaiian Airlines would post a loss of $2.75 per share when it actually produced a loss of $2.77, delivering a surprise of -0.73%.Over the last four quarte ...