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SOUTHWEST AIRLINES DECLARES 180th QUARTERLY DIVIDEND
Prnewswire· 2024-01-31 17:15
DALLAS, Jan. 31, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on March 6, 2024, on all shares then issued and outstanding. The quarterly dividend will be paid on March 27, 2024.  SW-DSR SOURCE Southwest Airlines Co. ...
SOUTHWEST AIRLINES ADDS MORE FLIGHTS FOR THE BIG GAME IN LAS VEGAS
Prnewswire· 2024-01-29 03:46
Las Vegas' largest airline adds more flights and itineraries from Kansas City and San Francisco for fans to travel to the biggest football game of the year! DALLAS, Jan. 28, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is gearing up for the Big Game weekend in Las Vegas with more flights for football fans in Kansas City and San Francisco. On Thursday, Feb. 8, 2024, Southwest® will offer the following service: From Kansas City to Las Vegas: 4 nonstop flights and 14 different itineraries. From San ...
Southwest Airlines(LUV) - 2023 Q4 - Earnings Call Transcript
2024-01-25 19:05
Southwest Airlines Co. (NYSE:LUV) Q4 2023 Earnings Conference Call January 25, 2024 12:30 PM ET Company Participants Julia Landrum - Vice President, Investor Relations Bob Jordan - President & Chief Executive Officer Tammy Romo - Executive Vice President & Chief Financial Officer Ryan Green - Executive Vice President & Chief Commercial Officer Andrew Watterson - Chief Operating Officer Whitney Eichinger - Chief Communications Officer Conference Call Participants Ravi Shanker - Morgan Stanley Jamie Baker - J ...
Southwest Airlines (LUV) Q4 Earnings & Revenues Beat, Up Y/Y
Zacks Investment Research· 2024-01-25 18:31
Southwest Airlines Co. (LUV) reported fourth-quarter 2023 earnings per share of 37 cents, which outpaced the Zacks Consensus Estimate of 11 cents. In the year-ago quarter, LUV incurred a loss of 38 cents per share.Revenues of $6,822 million outpaced the Zacks Consensus Estimate of $6,741.5 million and improved 10.5% year over year. The uptick was owing to healthy leisure demand and continued yield strength, mainly during the holiday time, coupled with record fourth-quarter ancillary revenues, loyalty progra ...
Southwest (LUV) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-01-25 15:36
Southwest Airlines (LUV) reported $6.82 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.5%. EPS of $0.37 for the same period compares to -$0.38 a year ago.The reported revenue represents a surprise of +1.19% over the Zacks Consensus Estimate of $6.74 billion. With the consensus EPS estimate being $0.11, the EPS surprise was +236.36%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...
Southwest logs earnings beat, but stock inches lower after results
Market Watch· 2024-01-25 11:53
Southwest Airlines Co. shares LUV, were dipping in premarket trading Thursday, though the air carrier posted an adjusted earnings beat for its latest quarter. Southwest reported a fourth-quarter net loss of $219 million, or 37 cents a share, about even with the loss it posted a year earlier. On an adjusted basis, Southwest earned 37 cents a share, while analysts were expecting 12 cents a share. Operating revenue for the fourth quarter was $6.8 billion, while analysts were modeling $6.7 billion. “Our quarte ...
Southwest (LUV) Flight Attendants Vote to Authorize Strike
Zacks Investment Research· 2024-01-24 16:11
Southwest Airlines (LUV) received disappointing tidings on the labor front, with its flight attendants making history with a resounding vote to authorize a strike. The Dallas-based carrier’s flight attendants are represented by the Transport Workers Union of America Local 556. With more than 98% of the union members in favor, this marks a historic moment as it is the first time in the union's history that flight attendants have sanctioned a strike against Southwest Airlines.The catalyst for this unprecedent ...
Southwest Airlines' (LUV) 5-Year Pact With Pilots is Approved
Zacks Investment Research· 2024-01-23 20:11
Southwest Airlines (LUV) received encouraging tidings on the labor front when the company’s pilots, represented by Southwest Airlines Pilots Association or SWAPA, approved a five-year deal pertaining to wage increase.  Evidently, SWAPA represents 11,000 pilots of Southwest Airlines. In the entire exercise, 98.8% pilots participated with 92.73% casting their votes in favor of the deal.The approval makes LUV’s pilots eligible for an immediate 29.15% pay raise and a hike of 4% each in 2025, 2026 and 2027. The ...
Southwest Airlines pilots avert strike with new five-year, $12B deal
New York Post· 2024-01-22 20:16
Southwest Airlines said Monday its pilots approved a new labor agreement, which will offer about a 50% pay raise over a five-year period.About 11,000 pilots affiliated with the Southwest Airlines Pilots Association had been negotiating for better pay, retirement benefits, disability insurance and a revised scheduling process after the contract ended in September 2020.About 93% of the votes cast were in favor of the new $12 billion contract, the union said in a statement.Pilots at the Dallas-based carrier w ...
What's in Store for Southwest Airlines (LUV) in Q4 Earnings?
Zacks Investment Research· 2024-01-22 18:46
Southwest Airlines Co. (LUV) is scheduled to report fourth-quarter 2023 results on Jan 25.Southwest Airlines has missed the Zacks Consensus Estimate in two of the preceding four quarters, the average miss being 298.58%. However, the company has outperformed the Zacks Consensus Estimate in one quarter and met the mark in the remaining quarter. The Zacks Consensus Estimate for fourth-quarter earnings has been revised 71% downward over the past 90 days.Let’s see how things have shaped up for Southwest Airlines ...