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0 0.000584709837743111 0.000877064756614563 0.00277737172927952 0.00131559713492184 0 0.00014617745943583 0.000505774009647884
Stock impact report

Southwest Air drops as US airlines contend with soaring fuel [Fortune]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Fortune
Recommended Video Shares in the Dallas-based airline extended losses in aftermarket trading after Southwest declined to update its full-year profit guidance of at least $4 a share, underscoring the volatility in the industry. It said achieving those results would require lower fuel prices mixed with stronger revenue performance. It also projected second-quarter adjusted EPS in a range of 35 cents to 65 cents, with analysts expecting 59 cents. Southwest fell 3.8% and closed at $39.35 in regular trading Wednesday, mirroring stock declines of other carriers. Southwest's decision is broadly in line with other carriers contending with fuel costs driven higher by the US-Iran war. Rival carrier Delta Air Lines Inc. has declined to update its full-year forecast, while others such as United Airlines Holdings Inc. and Alaska Air Group Inc. have revised or withdrawn guidance. For the first quarter, Southwest reported earnings of 45 cents per share, compared to analyst estimates of 46 Show less Read more
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