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!

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