NEW YORK (TheStreet) -- Hawaiian Holdings (HA) - Get Report  stock is up by 13.32% to $36.66 in mid-morning trading on Wednesday, after the company reported its 2015 fourth quarter earnings results. 

After the market close on Tuesday, the airline reported earnings of 85 cents per share, which was in-line with analysts' expectations. 

Revenue of $574.2 million during the quarter topped analysts' forecasts for revenue of $568.7 million.

The company's expenses on aircraft fuel dropped by 41.4% during the quarter, according to Hawaiian. 

"The low cost of fuel, robust demand in all of our major geographies, manageable industry capacity growth between the US mainland and Hawai'i in the second half of the year, and the wonderful customer service delivered by my colleagues on the ground and in the air have combined for a record setting 2015," CEO Mark Dunkerley said in a statement.

Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rates this stock as a "buy" with a ratings score of B+. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, notable return on equity, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

You can view the full analysis from the report here: HA

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