Southwest Airlines Co. (NYSE: LUV) reported third quarter 2020 earnings results today. Operating revenues fell 68.2% year-over-year to $1.8 billion. Net loss was $1.1 billion, or $1.96 per share, compared to a net income of $659 million, or $1.23 per share, last year. Adjusted loss per share was $1.99. The company expects operating revenue to […]
“Southwest Airlines Co. (NYSE: LUV) reported third quarter 2020 earnings results today. Operating revenues fell 68.2% year-over-year to $1.8 billion. Net loss was $1.1 billion, or $1.96 per share, compared to a net income of $659 million, or $1.23 per share, last year. Adjusted loss per share was $1.99. The company expects operating revenue to […]
· October 22, 2020
Southwest Airlines Co. (NYSE: LUV) reported third quarter 2020 earnings results today.
Operating revenues fell 68.2% year-over-year to $1.8 billion.
Net loss was $1.1 billion, or $1.96 per share, compared to a net income of $659 million, or $1.23 per share, last year. Adjusted loss per share was $1.99.
The company expects operating revenue to be down 65-70% for October and 60-65% for November.
