Southwest Airlines (LUV) Tops Q1 EPS by 4c

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Go back to Southwest Airlines (LUV) Tops Q1 EPS by 4c

Southwest Airlines Reports Record First Quarter Profit

April 21, 2016 6:32 AM EDT

DALLAS, April 21, 2016 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its first quarter 2016 results:

Record first quarter net income, excluding special items1, of $567 million, or $.88 per diluted share, compared with first quarter 2015 net income, excluding special items, of $451 million, or $.66 per diluted share. This exceeded the First Call consensus estimate of $.84 per diluted share. Record first quarter GAAP2 net income of $511 million, or $.79 per diluted share, compared... More