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.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2021/10/Southwest-Airlines-Q3-2021-Earnings-Infographic-608x1024.jpg)
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](https://cdn.news.alphastreet.com/wp-content/uploads/2021/07/Southwest-Airlines-Q2-2021-Earnings-Results-608x1024.jpg)
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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