Southwest Airlines (LUV) Tops Q2 EPS by 6c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/28/2026
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run
- Oil settles up 2% after Trump rejects return to Iran ceasefire deal terms
- Could SpaceX's orbital compute avoid the political headwinds facing data centers?
- Could Meta's teen settlement be less painful than feared? Citi weighs in
- First Financial to acquire Hickory Point Bank in $111.3M deal
- Affirm Holdings (AFRM) Tops Q4 EPS by $3.77, Beats on Revenue
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Ovintiv adds 41,000 acres in Permian and Montney deals
- Rubrik (RBRK) Tops Q2 EPS by 16c, Beats on Revenue; Offers FY27 EPS Guidance
Deutsche Bank Downgrades Southwest (LUV) to Hold, 'See near-term EPS pressure'
July 26, 2024 7:33 AM EDTDeutsche Bank analyst Michael Linenberg downgraded Southwest (NYSE: LUV) from Buy to Hold with a price target of $29.00 (from $32.00).
The analyst comments "We are lowering our 12-month price target on LUV's shares from $32 to $29. Our PT is derived by applying a ~4x EV/EBITDAR multiple to our 2024 EBITDAR... More
Southwest Airlines reports Q2 results ahead of estimates, plans to end open seating
July 25, 2024 6:46 AM EDTSouthwest Airlines (NYSE: LUV) saw its shares slip in premarket trading Thursday despite reporting Q2 earnings and revenue that beat analyst estimates.
The US carrier posted Q2 earnings per share (EPS) of $0.58, surpassing the consensus estimate of $0.52. Revenue came in at $7.35 billion, also ahead of the consensus projection of $7.32 billion.
Still, the companys shares fell more than 2% in the... More
