Southwest Airlines (LUV) Incurs Q1 Loss on Higher Expenses [Yahoo! Finance]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.southwest.com
Company Research
Source: Yahoo! Finance
Southwest Airlines Co. ( LUV reported first-quarter 2024 loss of 36 cents per share, which was wider than the Zacks Consensus Estimate loss of 34 cents. In the year-ago reported quarter, LUV incurred a loss of 27 cents per share. Revenues of $6,329 million missed the Zacks Consensus Estimate of $6,451 million but improved 10.9% year over year. The uptick was owing to solid demand trends, coupled with record first-quarter passenger and ancillary revenues, passengers carried, and new Rapid Rewards Members. First-quarter 2024 managed business revenues strengthened sequentially, and improved 25% year over year. Network optimization adjustments also acted as another tailwind. Despite costs being a concern, LUV continues to enjoy benefits from its ongoing cost-reduction initiatives and remains focused on enhancing productivity and controlling discretionary spending. Further, LUV has ratified agreements with 11 of its labor groups in the last 18 months. Southwest Airlines Co. Price, C
Show less
Read more
Impact Snapshot
Event Time:
LUV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LUV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LUV alerts
High impacting Southwest Airlines Company news events
Weekly update
A roundup of the hottest topics
LUV
News
- Running on Ice: Kansas City thrust into the spotlight again [Yahoo! Finance]Yahoo! Finance
- Exclusive-Southwest pilots face reduced hours, pay due to Boeing delivery delays [Yahoo! Finance]Yahoo! Finance
- Exclusive: Southwest pilots face reduced hours, pay due to Boeing delivery delays [Reuters]Reuters
- Building Loyalty: Can Brand Communities Retain High-Revenue Flyers? [Forbes]Forbes
- Delayed On Southwest? You Can Now Skip The Customer Service Line And Request A $75 Credit Online [Forbes]Forbes
LUV
Earnings
- 4/25/24 - Miss
LUV
Sec Filings
- 5/2/24 - Form 4
- 5/1/24 - Form 8-K
- 4/26/24 - Form 10-Q
- LUV's page on the SEC website