Form 8-K SOUTHWEST AIRLINES CO For: Dec 05

Go back to Form 8-K SOUTHWEST AIRLINES CO For: Dec 05

Goldman Sachs Reiterates Sell Rating on Southwest (LUV)

December 5, 2024 9:41 AM EST

Goldman Sachs analyst Catherine O\'Brien reiterated a Sell rating and $28.00 price target on Southwest (NYSE: LUV).

The analyst comments "Southwest published an investor update this morning raising its Dec Q outlook on better-than-expected revenue, partially offset by higher fuel. The company now expects unit revenue ("RASM") to be up... More

Raymond James Reiterates Outperform Rating on Southwest (LUV)

December 5, 2024 8:17 AM EST

Raymond James analyst Savanthi Syth reiterated an Outperform rating and $36.00 price target on Southwest (NYSE: LUV)

The analyst comments "Thursday morning Southwest issued an 8-K updating 4Q24 guidance. Most notably, it increased its y/y RASM (unit revenue) outlook from 3.5-5.5% to 5.5-7.0% driven by stronger than expected leisure travel... More

Southwest Airlines (LUV) Provides Guidance Update

December 5, 2024 6:34 AM EST

Southwest Airlines (NYSE: LUV):

The Company now expects fourth quarter 2024 unit revenues to increase in the range of 5.5 percent to 7.0 percent on a year-over-year basis, with capacity down approximately 4 percent, also on a year-over-year basis. The strong year-over-year unit revenue growth is driven by resilient travel demand along with the realization of benefits from the Companys execution of tactical actions. Tactical actions include improving network optimization and capacity rationalization, marketing and distribution evolution,... More