JPMorgan Upgrades Southwest (LUV) to Overweight
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Southwest Airlines Reports Third Quarter Profit
October 26, 2016 6:30 AM EDTDALLAS, Oct. 26, 2016 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its third quarter 2016 results:
Net income of $388 million, or $.62 per diluted share, compared with third quarter 2015 net income of $584 million, or $.88 per diluted share. Excluding special items1, net income of $582 million, or $.93 per diluted share, compared with third quarter 2015 net income of $623 million, or $.94 per diluted share. This compared to First Call third quarter 2016 consensus estimate of $0.88 per diluted share.... More