SOUTHWEST AIRLINES REPORTS THIRD QUARTER 2024 RESULTS DALLAS, TEXAS - October 24, 2024 - Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its third quarter 2024 financial results: • Net income of $67 million, or $0.11 per diluted share 1 • Net income, excluding special items , of $89 million, or $0.15 per diluted share • Record third quarter operating revenues of $6.9 billion 2 • Liquidity of $10.4 billion, well in excess of debt outstanding of $8.0 billion • Announced a $250 million accele ...

A Southwest Airlines Boeing 737 jet departs from San Diego International Airport en route to St. Louis on August 24, 2024 in San Diego, California.Activist investor Elliott Investment Management and Southwest Airlines are close to a settlement deal that would give the dissident sizable representation on the company's board, according to a person familiar with the matter.The settlement could be announced as soon as Thursday, said the person. A spokesperson for Southwest did not immediately return requests fo ...

DALLAS, Oct. 23, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2024 financial results. Details are as follows:When: Thursday, October 24, 2024 at 12:30 PM Eastern Time Who: Bob Jordan, President and Chief Executive Officer Andrew Watterson, Chief Operating Officer Tammy Romo, Executive Vice President and Chief Financial Officer Web Address: http://www.southwestairlinesinvestorrelations.com/ To access the live audio webcast and subsequen ...

Shares of Southwest Airlines Co (NYSE:LUV) are 0.4% lower at $30.31, as the airline giant prepares to report third-quarter results before the open on Thursday, Oct. 24. According to Zacks, analysts expect the company to post earnings of 5 cents per share -- an 86.8% decline from a year ago -- on revenue of $6.8 billion. A look at the last two years shows LUV tends to underperform the day after earnings. In fact, the equity finished lower in six of its last eight post-earnings sessions. Shares averaged a 4.2 ...

Southwest Airlines Co. (LUV) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, LUV's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Ty ...

In its upcoming report, Southwest Airlines (LUV) is predicted by Wall Street analysts to post quarterly earnings of $0.05 per share, reflecting a decline of 86.8% compared to the same period last year. Revenues are forecasted to be $6.8 billion, representing a year-over-year increase of 4.2%. Over the last 30 days, there has been an upward revision of 21.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their i ...

A Southwest Airlines plane takes off from Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Friday, July 12, 2024.Elliott Investment Management and Southwest Airlines have been discussing a settlement that would give the activist investor significant representation on the airline's board, according to people familiar with the matter.The settlement talks are predicated on a deal that would give Elliott less than full board control, said the people, who asked not to be named b ...

Southwest Airlines Co. (LUV) is scheduled to report third-quarter 2024 results on Oct. 24.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Southwest Airlines surpassed the Zacks Consensus Estimate in two of the preceding four quarters, the average beat being 61.62%. However, the company missed the Zacks Consensus Estimate in one quarter and met the mark in the remaining quarter.Let’s see how things have shaped up for Southwest Airlines this earnings season.LUV’s Q3 ExpectationsThe Za ...

Southwest Airlines (LUV) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Oc ...

Roanoke, Virginia, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Virginia Credit Union and its Member One division are providing $25,000 to support Southwest Virginia communities devastated by the remnants of Hurricane Helene. The donation to the United Way of Southwest Virginia's Disaster Relief Fund will support local residents, with 100 percent of the donation helping individuals and families in need. "Our thoughts are with those impacted by Helene because we know that for many in our credit union family and our nei ...