Southwest: Q3 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Southwest Airlines Co. (LUV) on Thursday reported third-quarter earnings of $67 million. On a…
DALLAS (AP) — DALLAS (AP) — Southwest Airlines Co. (LUV) on Thursday reported third-quarter earnings of $67 million.
On a per-share basis, the Dallas-based company said it had net income of 11 cents. Earnings, adjusted for non-recurring costs, were 15 cents per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The airline posted revenue of $6.87 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $6.8 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUV at https://www.zacks.com/ap/LUV
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