Southwest Airlines Reports Record Third Quarter Profit
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Boeing (BA) Reports 3Q EPS Beat; Canaccord Genuity Reiterates Buy
October 22, 2015 10:27 AM EDTCanaccord Genuity reiterated a Buy rating and $165.00 price target on Boeing (NYSE: BA) following the company's 3Q15 earnings results. BA reported adjusted core EPS of $2.52 compared to the consensus estimates of $2.22.
Analyst Ken Herbert commented, "Boeing reported a better than expected Q3/15... More
Southwest Airlines (LUV) Tops Q3 EPS by 2c
October 22, 2015 6:33 AM EDTSouthwest Airlines (NYSE: LUV) reported Q3 EPS of $0.94, $0.02 better than the analyst estimate of $0.92. Revenue for the quarter came in at $5.32 billion versus the consensus estimate of $5.11 billion.
Gary C. Kelly, Chairman of the Board, President, and Chief Executive Officer, stated, "We are very pleased to report outstanding third quarter 2015 results marked by a 63.1 percent year-over-year increase in net income, excluding special items. Our record third quarter operating income, excluding special items, of $1.0 billion produced a strong 20.3 percent operating margin, which is a 680 basis point improvement from the year-ago period. The significant... More
