Southwest cuts Boeing jet deliveries after first quarterly loss in nine years
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United Airlines (UAL) Tops Q1 EPS by 90c, Revenues Miss
April 30, 2020 4:34 PM EDTUnited Airlines (NASDAQ: UAL) reported Q1 EPS of ($2.57), $0.90 better than the analyst estimate of ($3.47). Revenue for the quarter came in at $7.98 billion versus the consensus estimate of $8.22 billion.
First Quarter Results
Reported first quarter net loss of $1.7 billion, diluted loss per share of $6.86, and pre-tax loss of $2.1 billion.Reported first quarter adjusted net loss of $639 million, adjusted diluted loss per share of $2.57, and adjusted pre-tax loss of $1.0 billion.¹COVID-19 Actions
The company took early and aggressive action intended to mitigate the impact of COVID-19 to position the... More
Southwest Airlines (LUV) Prices 70M Share Upsized Common Offering at $28.50/Sh and $2B Offer of 1.25% Convertible Senior Notes Due 2025
April 29, 2020 5:53 AM EDTSouthwest Airlines Co. (NYSE: LUV) today announced it has priced its underwritten public offering of 70,000,000 shares of common stock of the Company at a public offering price of $28.50 per share (the "Common Stock Offering") and its underwritten public offering of $2.0 billion aggregate principal amount of 1.250% Convertible Senior Notes due 2025 (the "Convertible Notes" and such offering, the "Convertible Notes Offering"). The size of the Common... More
Southwest Airlines (LUV) Announces Proposed 55M Share Common Offering & $1B Convertible Senior Notes Offering Due 2025
April 28, 2020 6:37 AM EDTSouthwest Airlines Co. (NYSE: LUV) today announced that it has commenced an underwritten public offering... More
