Southwest Airlines Reports Q4 Earnings, Surpasses Expectations
Dallas, Texas, [date] - Southwest Airlines Co. (NYSE: LUV) today announced its financial results for the fourth quarter of 2023.
Key Highlights:
* Net income: $261 million
* Earnings per share: 42 cents
* Adjusted earnings per share: 56 cents
* Revenue: $6.93 billion
Analysts' Estimates:
Southwest's earnings per share exceeded analysts' expectations, who had predicted earnings of 45 cents per share. However, revenue fell short of Wall Street forecasts of $6.95 billion.
Company Outlook:
Southwest Airlines did not provide any forward-looking statements as part of its earnings release.