Shares of Southwest Airlines LUV moved higher by 0.4% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were down 211.21% over the past year to ($1.29), which beat the estimate of ($1.68).
Revenue of $2,013,000,000 decreased by 64.86% from the same period last year, which missed the estimate of $2,110,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Southwest Airlines hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Jan 28, 2021
Time: 12:30 PM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/luv/mediaframe/42976/indexr.html
Recent Stock Performance
Company's 52-week high was at $58.83
Company's 52-week low was at $22.46
Price action over last quarter: Up 3.62%
Company Overview
Southwest Airlines is the largest domestic carrier in the United States, as measured by the number of originating passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite expanding into longer routes and business travel, the airline still specializes in short-haul leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.
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