Southwest Airlines Reports Third Quarter Profit
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
Go back to Southwest Airlines Reports Third Quarter Profit
October 27, 2016 12:53 PM EDT
JPMorgan upgraded Southwest (NYSE: LUV) from Neutral to Overweight with a price target of $51.50.
For an analyst ratings summary and ratings history on Southwest click here. For more ratings news on Southwest click here.
Shares of Southwest closed at $38.40 yesterday.
...
More
October 26, 2016 12:56 PM EDT
(Updated)
Southwest Airlines (NYSE: LUV) pared declines in the wake of its Q3 earnings release following comments during a related conference call. The company made positive comments regarding January RASM.
...
More
October 26, 2016 6:34 AM EDT
Southwest Airlines (NYSE: LUV) reported Q3 EPS of $0.93, $0.05 better than the analyst estimate of $0.88. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $5.17 billion.
Customer demand remained strong during third quarter, with lower year-over-year fares resulting in a 4.9 percent decline in passenger revenue yield, as compared with third quarter 2015. Operating unit revenues (RASM) declined 4.1 percent, as compared with third quarter 2015 excluding the one-time special revenue adjustment of $172 million. While current trends suggest a stabilization of close-in fares, the overall revenue yield environment remains soft. Based on... More
