Categories AlphaGraphs, Earnings, Industrials

Key highlights from Southwest Airlines (LUV) Q3 2021 earnings results

Southwest Airlines Co. (NYSE: LUV) reported third quarter 2021 earnings results today.

Operating revenue increased 161% year-over-year to $4.7 billion.

The company reported a net income of $446 million, or $0.73 per share, compared to a net loss of $1.15 billion, or $1.96 per share, in the year-ago quarter. Adjusted net loss was $0.23 per share.

Both the top and bottom line numbers exceeded expectations.

For the fourth quarter of 2021, operating revenue is estimated to be down 15-25% from the same quarter in 2019.

Prior performance

Southwest Reports Second Quarter 2021 Results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

AVGO Earnings: Broadcom Q2 2024 revenue and profit beat estimates

Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Wednesday reported higher second-quarter revenues and adjusted earnings. The results also topped analysts' expectations. Earnings, excluding non-recurring items, came in at $10.96 per

Key takeaways from Oracle’s (ORCL) Q4 2024 earnings report

Oracle Corporation’s (NYSE: ORCL) stock rallied this week after the company announced large cloud infrastructure deals with tech giants Google, OpenAI, and Microsoft. The demand for Oracle's generative AI infrastructure

ZDGE Earnings: Zedge reports higher revenues and adj. profit for Q3 2024

Content distribution platform Zedge, Inc. (NYSE American: ZDGE) has reported higher net income for the third quarter of 2024, on an adjusted basis. The bottom line benefitted from a double-digit

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