Hawaiian Holdings drops as Maui wildfires hurt Q3 results

Hawaiian Holdings

25/10/2023 12:49

** Shares of Hawaiian Holdings  HA.N  fall 7.4% to $3.98
premarket as Q3 results take a hit from Maui wildfires 
    ** Stock set to hit an over 12-year low at current level
    ** The Hawaiian Airlines parent posts a wider-than-expected
Q3 adjusted loss per share of $1.06
    ** This after beating profit expectations for the last four
quarters in a row, per LSEG data
    ** Rev falls nearly 2% and misses estimates
    ** Co says rev was trending positively in July but wildfires
in West Maui in August caused a sharp decrease in traffic
    ** Stock has slumped nearly 60% YTD up to the last close