Back to mobile site

Southwest Airlines (LUV) Tops Q4 EPS by 6c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 7/2/2026

1. TSLA
2. SPY
3. META
4. STZ
5. INTC
6. HOOD
7. GOOGL
8. FDS
9. FUTU
10. AMZN

January 27, 2022 6:40 AM EST

Southwest Airlines (NYSE: LUV) reported Q4 EPS of $0.14, $0.06 better than the analyst estimate of $0.08. Revenue for the quarter came in at $5.05 billion versus the consensus estimate of $5.03 billion.

Guidance and Outlook
The following tables present updated selected financial guidance for first quarter and full year 2022:
1Q 2022 Estimation Previous estimation
Operating revenue compared with 2019 (a) Down 10% to 15% (e)
Load factor 75% to 80% (e)
ASMs compared with 2019 Down ~9% Down ~6%
Economic fuel costs per gallon4 $2.25 to $2.35 $2.05 to $2.15
Fuel hedging premium expense per gallon $0.06 (f)
Fuel hedging cash settlement gains per gallon $0.35 $0.13
ASMs per gallon (fuel efficiency) Nominally in line with 4Q21 (e)
CASM-X (b) compared with 20195
 Up 20% to 24% Up 10% to 14%
Debt repayments (millions) ~$60 (f)
Interest expense (millions) ~$90 ~$110
Aircraft (c) 725 727

2022 Estimation		 Previous estimation
ASMs compared with 2019 Down ~4% Down 3% to Up 2%
Economic fuel costs per gallon4 $2.25 to $2.35 $2.05 to $2.15
Fuel hedging premium expense per gallon $0.05 (f)
Fuel hedging cash settlement gains per gallon $0.28 $0.10
CASM-X (b) compared with 20195
 Up 12% to 16% Up 8% to 12%
Debt repayments (millions) ~$455 (f)
Interest expense (millions) ~$360 ~$440
Aircraft (c) 814 (f)
Effective tax rate 23% to 25% (e)
Capital spending (billions) (d) ~$5.0 (f)

For earnings history and earnings-related data on Southwest Airlines (LUV) click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance

Related Entities

Earnings