Shares of Southwest Airlines LUV fell 0.5% after the company reported Q1 results.
Quarterly Results
Earnings per share were down 121.43% over the past year to ($0.15), which beat the estimate of ($0.41).
Revenue of $4,234,000,000 less by 17.77% year over year, which missed the estimate of $4,420,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Apr 28, 2020
Time: 03:01 PM ET
Webcast URL: https://78449.choruscall.com/dataconf/productusers/luv/mediaframe/37173/indexr.html
Price Action
52-week high: $58.83
Company's 52-week low was at $28.80
Price action over last quarter: down 49.23%
Company Description
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 fleet. Despite expanding into longer routes, the airline still specializes in short-haul flights, using a point-to-point network. The firm employs almost 61,000 workers and generated over $22 billion in revenue during 2019.
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