Skip to main content

Market Overview

Southwest Airlines: Q1 Earnings Insights

Share:

 

Shares of Southwest Airlines (NYSE:LUV) fell 0.5% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 1046.67% year over year to ($1.72), which beat the estimate of ($1.85).

Revenue of $2,052,000,000 decreased by 51.54% from the same period last year, which missed the estimate of $2,070,000,000.

Looking Ahead

Southwest Airlines hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Apr 22, 2021

Time: 12:30 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/luv/mediaframe/44394/indexr.html

Recent Stock Performance

52-week high: $64.75

Company's 52-week low was at $22.46

Price action over last quarter: Up 40.33%

Company Profile

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.

 

Related Articles (LUV)

View Comments and Join the Discussion!

Posted-In: BZI-RecapsEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com