Southwest Airlines Co. (NYSE: LUV) reported its second quarter 2024 earnings results today.
Total operating revenues increased 4.5% year-over-year to $7.4 billion.
Net income decreased 46.3% to $367 million, or $0.58 per share, compared to last year. Adjusted EPS was $0.58.
For the third quarter of 2024, Southwest expects unit revenues to be flat to down 2% YoY and capacity to be up around 2% YoY.