Categories AlphaGraphs, 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

HD Stock: What’s in store for Home Depot after record second quarter

Home improvement is one of the top activities that kept Americans busy during the pandemic, a trend that enabled The Home Depot, Inc. (NYSE: HD) to beat the crisis and

Target (TGT) stock drops after Q2 earnings miss estimates; revenue up 4%

Department store chain Target Corporation (NYSE: TGT) reported a sharp decline in adjusted earnings for the second quarter of 2022, despite an increase in net sales. The bottom line also fell

Amazon (AMZN) stock remains a good bet despite poor results. Here’s why, Inc. (NASDAQ: AMZN) became an inspiration for other players in the eCommerce sector as the online retailer successfully channelized its resources to tap into the spike in demand for

Add Comment
Viewing Highlight