Southwest Airlines LUV unveils its next round of earnings this Thursday, January 23. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Analysts covering Southwest Airlines modeled for quarterly EPS of $1.10 on revenue of $5.72 billion.
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In the same quarter last year, Southwest Airlines reported earnings per share of $1.17 on sales of $5.70 billion. The analyst consensus estimate would represent a 5.98% decrease in the company's earnings. Sales would be up 0.28% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 1.080 | 1.340 | 0.610 | 1.07 |
EPS Actual | 1.180 | 1.370 | 0.700 | 1.17 |
Stock Performance
Over the last 52-week period, shares are up 3.82%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The popular rating by analysts on Southwest Airlines stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Southwest Airlines is scheduled to hold a conference call at 12:30 p.m. ET and it can be accessed here: http://www.southwestairlinesinvestorrelations.com/news-and-events/events-and-presentations/event-23-01-2020
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