Categories AlphaGraphs, Earnings, Industrials

Southwest Airlines (LUV) Q3 2023 Earnings: Key financials and quarterly highlights

Southwest Airlines Co. (NYSE: LUV) reported third quarter 2023 earnings results today.

Operating revenues increased 4.9% year-over-year to $6.5 billion.

Net income declined 30% to $193 million, or $0.31 per share, versus last year. Adjusted EPS was $0.38.

For the fourth quarter of 2023, the company expects unit revenues to be down 9-11% and capacity to be up around 21% year-over-year. CASM-X is expected to be down 16-19% YoY. Fuel costs are estimated to range between $2.90-3.00 per gallon.

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

Important takeaways from Broadcom’s (AVGO) Q4 2023 earnings

Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) ended fiscal 2023 on a positive note, delivering strong results for the fourth quarter. In the new fiscal year, the company’s focus will be

Here’s what Signet Jewelers (SIG) expects for the holiday season and beyond

Shares of Signet Jewelers Limited (NYSE: SIG) were down over 2% on Friday. The stock has gained 40% year-to-date and 27% over the past three months. The jewelry retailer saw

DOCU Earnings: DocuSign Q3 2024 revenue up 9%; profit beats estimates

eSignature service provider DocuSign, Inc. (NASDAQ: DOCU) reported higher revenues and better-than-expected adjusted earnings for the third quarter of 2024. The company also provided guidance for the fourth quarter and

Add Comment
Viewing Highlight