Categories AlphaGraphs, Earnings, Industrials
LUV Earnings: Key quarterly highlights from Southwest Airlines’ Q2 2023 financial results
Southwest Airlines Co. (NYSE: LUV) reported second quarter 2023 earnings results today.
Total operating revenues increased 5% year-over-year to $7 billion, beating market estimates.
Net income declined 10.1% to $683 million, or $1.08 per share, compared to last year. Adjusted EPS was $1.09 per share, which was below analysts’ expectations.
Revenue per available seat mile (RASM), or unit revenues, were down 8.3% YoY in Q2.
For the third quarter of 2023, RASM is expected to be down 3-7% YoY and capacity is expected to be up around 12%.
The stock fell 6% in premarket hours on Thursday.
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Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results
McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion. Net income
Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator
Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although
Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter
Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now
