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Thursday, January 25, 2024

===Southwest Air (LUV) reported earnings on Thur 25 Jan 24 (b/o)

 

Southwest Air beats by $0.25, beats on revs 
  • Reports Q4 (Dec) earnings of $0.37 per share, excluding non-recurring items, $0.25 better than the FactSet Consensus of $0.12; revenues rose 10.5% year/year to $6.82 bln vs the $6.75 bln FactSet Consensus.
  • Outlook
    • Q1 RASM year-over-year: Up 2.5% to 4.5%
      • ASMs year-over-year: Up ~10%
    • FY24 ASMs (year-over-year: Up ~6%

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