Southwest Airlines Q4 2023, Sales $6.82B Beat $6.74B Estimate
Portfolio Pulse from Benzinga Newsdesk
Southwest Airlines (NYSE:LUV) reported Q4 2023 earnings of $0.37 per share, surpassing the consensus estimate of $0.12 by 208.33%. Quarterly sales reached $6.82B, exceeding estimates of $6.74B by 1.15% and marking a 10.53% increase from the same period last year.
January 25, 2024 | 11:32 am
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POSITIVE IMPACT
Southwest Airlines reported strong Q4 2023 results with earnings and sales surpassing analyst estimates, indicating robust financial performance.
The significant beat on both earnings per share and sales estimates is likely to instill investor confidence and could lead to a positive short-term impact on Southwest Airlines' stock price. Historically, earnings beats are often followed by an increase in stock price as they reflect better-than-expected company performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100