Categories AlphaGraphs, Earnings, Industrials

Southwest Airlines (LUV) Q1 2024 Earnings: Key financials and quarterly highlights

Southwest Airlines Co. (NYSE: LUV) reported first quarter 2024 earnings results today.

Total operating revenues increased 10.9% year-over-year to $6.3 billion.

Net loss was $231 million, or $0.39 per share, compared to $159 million, or $0.27 per share, last year. Adjusted loss was $0.36 per share.

The top and bottom line numbers both missed expectations, sending the stock plunging over 8% in premarket hours on Thursday.

For the second quarter of 2024, the company expects unit revenue to be down 1.5-3.5% and capacity to be up 8-9% YoY.

Prior performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top