Why Southwest Airlines Stock Tumbled Today
Southwest Airlines (NYSE: LUV) stock crashed 11.9% through 11:30 a.m. ET Thursday after missing analyst targets for both sales and earnings last night.
Heading into the Q2 report, Wall Street expected the airline to report at least $0.51 per share in adjusted profit on quarterly sales of $7.29 billion. Southwest said earnings were actually only $0.43, however, and sales were only $7.24 billion.
Image source: Southwest Airlines.
Source Fool.com
Southwest Airlines Co. Aktie
36,29 €
5,31 %
Die Community bevorzugt leicht Southwest Airlines Co., mit etwas mehr Buy- (16) als Sell-Einschätzungen (10).
Ein leicht positives Kursziel von 38 € für Southwest Airlines Co. gegenüber dem aktuellen Kurs von 36.29 € wird gesehen.
