Southwest Reports Second Quarter Profit
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Southwest Airlines (LUV) Tops Q2 EPS by 3c, Revenues Miss
July 26, 2018 6:42 AM EDTSouthwest Airlines (NYSE: LUV) reported Q2 EPS of $1.26, $0.03 better than the analyst estimate of $1.23. Revenue for the quarter came in at $5.74 billion versus the consensus estimate of $5.77 billion.
Net income of $733 million, net margin1 of 12.8 percent, and second quarter record earnings per diluted share of $1.27
Operating income of $972 million and operating margin2 of 16.9 percent
Excluding special items3, net income of $729 million, net margin4 of 12.7 percent, and second quarter record earnings per diluted share of $1.26
Excluding special items, operating income of $967 million and operating margin5 of 16.8 percent
Operating cash flow of $1.6 billion and free... More
