Categories AlphaGraphs, Earnings, Industrials

LUV Earnings: All you need to know about Southwest Airlines’ Q4 2024 earnings results

Southwest Airlines Co. (NYSE: LUV) reported its fourth quarter 2024 earnings results today.

Total operating revenues increased 1.6% year-over-year to $6.93 billion.

Net income was $261 million, or $0.42 per share, compared to a loss of $252 million, or $0.42 per share, last year. Adjusted EPS was $0.56.

Earnings beat expectations while revenue fell short.

Unit revenues were up 6.2% in the quarter while capacity was down 4.4%.

For the first quarter of 2025, unit revenues are expected to be up 5-7% year-over-year while capacity is expected to be down 2-3%.

The stock was down over 2% in premarket hours on Thursday.

Prior performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Infographic: Amazon (AMZN) Q4 2024 earnings beat estimates; sales rise 10%

E-commerce giant Amazon.com Inc. (NASDAQ: AMZN) on Thursday reported higher sales and profit for the fourth quarter of 2024. Earnings also beat analysts' estimates. Net sales increased to $187.8 billion

Philip Morris (PM) delivers strong performance in 4Q24 helped by smoke-free strength

Shares of Philip Morris International Inc. (NYSE: PM) jumped 10% on Thursday after the company delivered better-than-expected earnings results for the fourth quarter of 2024 and provided an encouraging outlook

Highlights of Bristol-Myers Squibb’s Q4 2024 earnings report

Biotechnology company Bristol Myers Squibb (NYSE: BMY) reported lower profit for the fourth quarter of 2024, despite an increase in revenue. Net income attributable to shareholders was $72 million or

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