Southwest Airlines (NYSE:LUV) will be announcing its earnings results before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $1.07 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Southwest Airlines (NYSE:LUV) last announced its quarterly earnings data on Thursday, July 25th. The airline reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.02. The business had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.94 billion. Southwest Airlines had a return on equity of 24.12% and a net margin of 10.73%. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the firm earned $1.26 earnings per share. On average, analysts expect Southwest Airlines to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of NYSE LUV opened at $52.92 on Wednesday. The stock has a market cap of $28.75 billion, a P/E ratio of 12.48, a PEG ratio of 1.40 and a beta of 1.48. The company has a current ratio of 0.64, a quick ratio of 0.59 and a debt-to-equity ratio of 0.37. Southwest Airlines has a 12-month low of $44.28 and a 12-month high of $58.77. The business’s fifty day simple moving average is $53.80 and its 200-day simple moving average is $52.20.
About Southwest Airlines
Southwest Airlines Co operates a passenger airline that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2018, the company operated a total of 750 Boeing 737 aircraft; and served 99 destinations in 40 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as 10 near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.
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