Southwest Airlines (LUV) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this airline reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revision ...

DALLAS, Nov. 4, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) ("Southwest" or the "Company") today announced the appointment of Rakesh Gangwal as independent Chair of the Board of Directors and named new Board Committee Chairs, effective immediately: Lisa Atherton will serve as Chair of the Compensation Committee Douglas Brooks will serve as Chair of the Audit Committee David Hess will continue to serve as Chair of the Safety and Operations Committee Chris Reynolds will serve as Chair of the Nomin ...

VANCOUVER, British Columbia, Oct. 31, 2024 (GLOBE NEWSWIRE) -- According to this year's BC Check-Up: Work, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on employment trends across the province, the unemployment rate for Southwest B.C. was 6.5 per cent, up 0.4 percentage points from one year earlier. “The labour market in Southwest B.C., which includes the Lower Mainland, has come under increased stress in 2024,” noted Lori Mathison, FCPA, FCGA, LLB, president and CE ...

Southwest again expands its redeye offerings High-demand seasonal routes for summer travel abound DALLAS, Oct. 30, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today extended its schedule through Aug. 4, 2025, offering Customers a head start to book next summer's vacation. The schedule includes additional redeye flights, popular seasonal routes, and more nonstop flights connecting Customers to highdemand destinations throughout the Southwest® network. Ramping up Redeyes With today's schedule exte ...

Southwest Airlines (LUV) reported better-than-expected earnings per share and revenues in the third quarter of 2024, the results of which were unveiled last week. Despite the outperformance, non-fuel unit costs (cost per available seat mile excluding fuel, oil and profit-sharing expenses and special items) were very high, increasing 11.6% year over year. This increase was responsible for the bottom line plummeting 60.5% year over year. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 1-7259 SOUTHWEST AIRLINES CO. (Exact name of registrant as specified in its charter) Texas 74-1563240 (State or o ...

Southwest Airlines Co. (NYSE:LUV) Q3 2024 Results Conference Call October 24, 2024 12:30 PM ET Company Participants Julia Landrum - VP, IR Bob Jordan - President & CEO Andrew Watterson - COO Tammy Romo - EVP & CFO Ryan Green - EVP, Commercial Transformation Whitney Eichinger - Chief Communications Officer Conference Call Participants Stephen Trent - Citi Savi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Tom Fitzgerald - TD Cowen Scott Group - Wolfe Research Jamie Baker - JPMorgan Dan McKenzie - Se ...

Southwest Airlines Co. (LUV) reported third-quarter 2024 earnings of 15 cents per share, which outpaced the Zacks Consensus Estimate of 5 cents but declined 60.5% from the year-ago reported quarter.Find the latest EPS estimates and surprises on ZacksEarnings Calendar.Revenues of $6.87 billion surpassed the Zacks Consensus Estimate of $6.79 billion and improved 5.3% year over year. The uptick resulted from improvements in capacity moderation across the industry and progress in managing tactical initiatives t ...

Southwest Airlines Co. LUV is soaring to new heights following an impressive earnings beat and a fresh alliance with activist investor Elliott Investment Management.In its recent earnings report, the airline posted a 5.3% increase in total operating revenue, hitting $6.87 billion — outpacing expectations of $6.81 billion.Earnings Impress Despite ChallengesDespite turbulence from the COVID-19 pandemic and ongoing delivery delays from Boeing, the airline showed resilience with an adjusted net income of $89 mi ...

Southwest Airlines (NYSE: LUV ) reported Q3 earnings Thursday morning, with a non-GAAP EPS of $0.15, beating expectations by $0.11. The company also had $6.87B in revenue, rising 5.2% YoY and $80M above expectations. Although Southwest beat estimates, it onlyHarrison is a financial analyst who has been writing on Seeking Alpha since 2018 and has closely followed the market for over a decade. He has professional experience in the private equity, real estate, and economic research industry. Harrison also has ...