Southwest Airlines (LUV) Tops Q1 EPS by 1c

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Southwest Airlines Reports Record First Quarter Profit

April 23, 2015 8:20 AM EDT

DALLAS, April 23, 2015 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its first quarter 2015 results: 

Record first quarter net income, excluding special items1, of $451 million, or $.66 per diluted share, compared with first quarter 2014 net income, excluding special items, of $126 million, or $.18 per diluted share.  This represented a 266.7 percent increase from first quarter 2014 and exceeded the First Call consensus estimate of $.65 per diluted share. Record first quarter net income of $453 million, or $.66 per diluted share, which included $2 million (net) of favorable special items, compared with first... More