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via finance.yahoo.comBusiness & Companies

Southwest beats Q3 estimates with adjusted EPS of 66 cents

FROM THE WIRE · FINANCE.YAHOO.COM

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…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above expectations at a major airline can support the stock and the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Southwest reported third-quarter profit of $270 million.
  2. 02Adjusted earnings were 66 cents per share versus 61 cents expected.
  3. 03Revenue of $8.42 billion surpassed Street forecasts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Southwest Airlines Co.LUVStock39.88 USDMarket closedtoday +0.58%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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