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Southwest (LUV) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Southwest AirlinesSouthwest Airlines(US:LUV) ZACKSยท2025-04-24 00:05

Core Insights - Southwest Airlines reported $6.43 billion in revenue for Q1 2025, a year-over-year increase of 1.6% and a surprise of +0.40% over the Zacks Consensus Estimate of $6.4 billion [1] - The EPS for the same period was -$0.13, an improvement from -$0.36 a year ago, with a surprise of +27.78% compared to the consensus estimate of -$0.18 [1] Financial Performance Metrics - Load factor was 73.9%, below the average estimate of 81.3% [4] - CASM, excluding fuel and oil expenses, was 12.81 cents, slightly better than the average estimate of 12.99 cents [4] - Available seat miles (ASMs) were 41.43 billion, slightly above the average estimate of 41.32 billion [4] - Revenue passenger miles (RPMs) were 30.63 billion, significantly below the average estimate of 33.52 billion [4] - Revenue Per Available Seat Mile (RASM) was 15.51 cents, close to the average estimate of 15.53 cents [4] - Passenger revenue per ASM (PRASM) matched the estimate of 14.02 cents [4] - Passenger revenue yield per RPM was 18.97 cents, exceeding the average estimate of 17.3 cents [4] - Fuel consumed was 500 million gallons, slightly below the estimate of 502.23 million gallons [4] - Fuel costs per gallon were $2.49, lower than the average estimate of $2.51 [4] - Operating Revenues from Passenger were $5.81 billion, slightly above the average estimate of $5.80 billion, representing a +1.7% year-over-year change [4] - Operating Revenues from Other were $576 million, below the average estimate of $587.23 million, with a +0.2% year-over-year change [4] - Operating Revenues from Freight were $41 million, below the average estimate of $46.16 million, representing a -2.4% year-over-year change [4] Stock Performance - Shares of Southwest Airlines have returned -28.6% over the past month, compared to the Zacks S&P 500 composite's -6.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]