Hawaiian Holdings Inc. (HA) on Monday reported third-quarter profit of $70 million.
On a per-share basis, the Honolulu-based company said it had profit of $1.15. Earnings, adjusted for non-recurring costs, came to $1.29 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The parent company of Hawaiian Airlines posted revenue of $631.7 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $629.3 million.
Hawaiian Holdings shares have climbed 19 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $30.95, more than doubling in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
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