Southwest Airlines Co. (NYSE: LUV) reported its first quarter 2023 earnings results today. Total operating revenues increased 22% year-over-year to $5.7 billion. Net loss was $159 million, or $0.27 per share, compared to $278 million, or $0.47 per share, last year. Adjusted loss was $0.27 per share. The company expects unit revenue to be down […]
“Southwest Airlines Co. (NYSE: LUV) reported its first quarter 2023 earnings results today. Total operating revenues increased 22% year-over-year to $5.7 billion. Net loss was $159 million, or $0.27 per share, compared to $278 million, or $0.47 per share, last year. Adjusted loss was $0.27 per share. The company expects unit revenue to be down […]
· April 27, 2023
Southwest Airlines Co. (NYSE: LUV) reported its first quarter 2023 earnings results today.
Total operating revenues increased 22% year-over-year to $5.7 billion.
Net loss was $159 million, or $0.27 per share, compared to $278 million, or $0.47 per share, last year. Adjusted loss was $0.27 per share.
The company expects unit revenue to be down 8-11% and capacity to be up around 14% year-over-year in the second quarter of 2023.
