Form 8-K SOUTHWEST AIRLINES CO For: Oct 26
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Citi Mixed on Southwest (LUV), '2024E Cost Creep Risks'
October 26, 2023 2:13 PM EDTCiti analyst Stephen Trent reiterated a Neutral rating and $28.50 price target on Southwest (NYSE: LUV).
The analyst comments "Southwest Airlines expressed confidence in operational- and customer-focused improvements that it has made over the last year, with management expecting tailwinds from these initiatives... More
Southwest Airlines (LUV) Misses Q3 EPS by 1c
October 26, 2023 6:38 AM EDTSouthwest Airlines (NYSE: LUV) reported Q3 EPS of $0.38, $0.01 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $6.5 billion versus the consensus estimate of $6.56 billion.
Bob Jordan, President and Chief Executive Officer, stated, "Overall, we are pleased with our accomplishments in third quarter 2023. We generated another quarter of profitability and record third quarter operating revenues. Revenue strength was driven by solid leisure demand throughout the quarter and by managed business continuing to perform largely as expectedas we continue to gain... More
