DALLAS — Southwest Airlines Co. on Thursday reported first-quarter earnings of $463 million.<\/p>\n
The Dallas-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring gains, came to 75 cents per share.<\/p>\n
The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 75 cents per share.<\/p>\n
The airline posted revenue of $4.94 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $5.02 billion.<\/p>\n
Southwest shares have fallen 18 per cent since the beginning of the year, while the Standard & Poor’s 500 index has decreased slightly more than 1 per cent. The stock has fallen roughly 6 per cent in the last 12 months.<\/p>\n
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This story was generated by Automated Insights (http:\/\/automatedinsights.com\/ap<\/a>) using data from Zacks Investment Research. Access a Zacks stock report on LUV at https:\/\/www.zacks.com\/ap\/LUV<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" DALLAS — Southwest Airlines Co. on Thursday reported first-quarter earnings of $463 million. The Dallas-based company said it had net income of 79 cents per share. Earnings, adjusted for non-recurring gains, came to 75 cents per share. The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was […]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7347"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7347"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7347\/revisions"}],"predecessor-version":[{"id":7348,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7347\/revisions\/7348"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}