Southwest Airlines Reports Fourth Quarter EPS $.18 vs. $.15

Southwest Airlines LUV today reported its fourth quarter and full year 2010 results. Net income for fourth quarter 2010 was $131 million, or $.18 per diluted share, compared to $116 million, or $.16 per diluted share, for fourth quarter 2009. This was in line with Thomson's First Call mean estimate of $.15 per diluted share for fourth quarter 2010. Additional information regarding special items is included in this release and in the accompanying reconciliation tables.