Southwest Airlines' Profit Tops Estimate
Prominent U.S. airline Southwest Airlines (NYSE:LUV) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a robust 21.7% outperformance. Operating revenue of $6.93 billion slightly missed the forecasted $6.96 billion.
The quarter was highlighted by record revenue, though persistent cost challenges, particularly from labor and fuel, weighed on the financial results.
Source: Southwest Airlines. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. RASM = Revenue per available seat mile (excluding special items). CASM-X = Cost per available seat mile excluding fuel, special items, and profit sharing.
Source Fool.com
Southwest Airlines Co. Stock
€34.93
-0.840%
Based on 9 Buy predictions and 8 Sell predictions the sentiment towards Southwest Airlines Co. is rather balanced.
However, we have a potential of -5.53% for Southwest Airlines Co. as the target price of 33 € is below the current price of 34.93 €.
