UPDATE: Southwest Airlines Posts Q3 Loss

Southwest Airlines Co LUV swung to a Q3 loss on Thursday. Southwest Airlines posted a quarterly loss of $140 million, or $0.18 per share, versus a year-ago profit of $205 million, or $0.27 per share. On an adjusted basis, Southwest Airlines earnings came in at $0.15 per share. Analysts were expecting earnings of $0.13 per share. Its operating revenue climbed 35% to $4.31 billion. Southwest Airlines shares gained 0.46% to $8.75 in pre-market trading.