Southwest Airlines Posts Record Revenue. Why the Stock Is Falling.
Southwest Airlines stock was falling on Thursday after the carrier’s fourth-quarter revenue and forward guidance both came in a little short of Wall Street’s expectations. Shares fell 2.7% to $30.80 in premarket trading.
Southwest Airlines gets revenue boost on leisure travel, but labor costs weigh on outlook
A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.
What’s Fueling Southwest Airlines Co (LUV) Stock’s 7.23% Gain Above Its 200-Day SMA?
Southwest Airlines Co (LUV) stock saw a decline, ending the day at $31.65 which represents a decrease of $-0.20 or -0.63% from the prior close of $31.85. The stock opened at $31.95 and touched a low of $31.
LUV Earnings: Southwest Airlines Stock Slips on Mixed Q4 Results
Southwest Airlines (LUV) stock is down today despite the air travel company beating Q4 2024 profit estimates. The company’s earnings per share
Southwest Airlines 4Q Revenue Higher on Holiday Activity, Strong Travel Demand Seen Continuing
Southwest's results echo sentiments laid out by Delta Air Lines, which reported quarterly results earlier in the month. Delta said demand accelerated throughout the fourth quarter, with a handful of its highest revenue days in history taking place in November and December. The company also expects travel demand to remain strong this year.
Southwest Airlines beats profit expectations, missed on revenue
Southwest Airlines (LVU) put in a solid performance in the fourth quarter and forecast above-consensus revenue per available seat mile for the current quarter as the carrier absorbed surplus capacity across the industry with greater aircraft efficiency and higher airfares.
Southwest Airlines expects slower pace of cost increases in 2025
Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a ...
Southwest Airlines CEO Bob Jordan on Q4 results, D.C. plane crash and Boeing deliveries
CNBC’s Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk on the Street' to discuss the company's quarterly ...
Southwest Airlines Profit Exceeds Expectations on Improved Pricing Power
The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first quarter.
Southwest CEO Offers Condolences During Investor Call
Southwest Airlines Chief Executive Bob Jordan opened the company’s fourth-quarter earnings call Thursday by offering his ...
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Southwest Airlines sued by plan participants over ‘disastrous’ performance of its 401(k) funds
The class action lawsuit, filed on behalf of 60,000 plan participants, alleges the airline failed to replace a “chronically underperforming” large-cap fund holding over $2 billion in retirement plan ...
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Southwest Posts Profit Fueled by Strong Holiday Bookings
Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.
Southwest Airlines' Profit Tops Estimate
Prominent U.S. airline Southwest Airlines (NYSE:LUV) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a ...
D.C. Plane Crash Puts Spotlight on History of ‘Near Misses’ in the U.S.
The fatal D.C. plane crash has renewed focus on the recent history of crashes and near misses in U.S. airspace.