Southwest (LUV) PT Lowered to $56 at Imperial Capital

Southwest (LUV) PT Lowered to $65 at Deutsche Bank

Deutsche Bank analyst Michael Linenberg lowered the price target on Southwest (NYSE: LUV) to $65.00 (from $70.00) while maintaining a Buy rating.

The analyst commented, "Following another quarter of positive revenue momentum, Southwest reiterated it continues to see strength with respect to... More

Pre-Open Movers 10/25: (NDLS) (XLNX) (TLSA) Higher; (ALGN) (AMD) (WPP) Lower (more...)

Today's Pre-Open Stock Movers

Align Technology (NASDAQ: ALGN) 20% LOWER; reported Q3 EPS of $1.24, $0.05 better than the analyst estimate of $1.19. Revenue for the quarter came in at $505.3 million versus the consensus estimate of $502.65 million. Align Technology sees Q4 2018 EPS of $1.10-$1.15, versus the consensus of $1.33. Align Technology sees Q4 2018 revenue of $505-515 million, versus the consensus of $545.11 million.

AMD (NASDAQ: AMD) 20% LOWER; reported Q3 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came... More

Southwest Airlines (LUV) Tops Q3 EPS by 1c

Southwest Airlines (NYSE: LUV) reported Q3 EPS of $1.08, $0.01 better than the analyst estimate of $1.07. Revenue for the quarter came in at $5.58 billion versus the consensus estimate of $5.57 billion.

Revenue Results and Outlook

The Company's third quarter 2018 total operating revenues increased 5.1 percent, year-over-year, to a third quarter record $5.6 billion. Third quarter 2018 operating revenue per ASM (RASM, or unit revenues) increased 1.2 percent, year-over-year, driven largely by a passenger revenue yield... More

Southwest (LUV) weekly option implied volatility elevated into EPS and capacity outlook

Southwest Airlines (NYSE: LUV) October weekly call option implied volatility is at 74, November is at 37; compared to its 52-week range of 20 to 43 into the expected release of EPS before the market open on October 25. Call put ratio 1 call to 1.2 puts.