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.

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Source Fool.com