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Southwest: Q3 Earnings Snapshot
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DALLAS (AP) — DALLAS (AP) — Southwest Airlines Co. (LUV) on Wednesday reported third-quarter profit of $270 million.

The Dallas-based company said it had profit of 55 cents per share. Earnings, adjusted for non-recurring costs, came to 66 cents per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.

The airline posted revenue of $8.42 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $8.27 billion.

For the current quarter ending in December, Southwest expects its per-share earnings to range from 55 cents to 80 cents.

The company expects full-year earnings in the range of $2.60 to $2.85 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUV at https://www.zacks.com/ap/LUV

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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