Southwest's 'Even Better' Plan: On Track Despite Q4 Miss
Thursday, Jan 30, 2025 12:48 pm ET
1min read As Southwest Airlines (LUV) reported its fourth-quarter earnings, investors and analysts alike were left with a mix of disappointment and optimism. While the airline missed revenue expectations, its adjusted earnings per share (EPS) surpassed estimates, demonstrating the resilience of its strategic plan, 'Southwest. Even Better.' Despite the quarterly miss, CEO Bob Jordan reassured investors that the company's long-term growth trajectory remains on track.
Southwest's fourth-quarter operating revenue of $6.93 billion fell short of the $6.96 billion forecast, while adjusted EPS of $0.56 beat the consensus estimate of $0.46. The airline attributed the revenue miss to lower-than-expected passenger demand and a decrease in ticket prices. However, Southwest's strong operational performance and cost control measures helped offset the revenue shortfall, leading to an adjusted net income of $356 million, or $0.56 per diluted share.
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
