Southwest Airlines Co. (NYSE: LUV) on Tuesday reported first-quarter 2020 earnings results. While the revenues missed Wall street projection, earnings were better than what analysts had anticipated. The airline company added that it expects operating expenses to decline 90-95% in May 2020, beyond which, estimation was not possible.
LUV shares fell 2.2% immediately following the announcement. The stock has tumbled 47% since the beginning of this year.
Last week, Delta Air Lines (NYSE: DAL) reported revenue of $8.6 billion, down 18% year-over-year, hurt by COVID-19.
Most Popular
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,
