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Barchart
Dipanjan Banchur

SHOCKING: Southwest airlines earnings preview what to expect - What They Never Told You

LUV

Southwest Airlines Co. (LUV), headquartered in Dallas, Texas, is a passenger airline that provides scheduled air transportation services in the United States and closest international markets. Valued at $16.95 billion by market cap, the company offers short-haul, high-frequency, point-to-point, and low-fare services. The leading airliner is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Thursday, Jul. 25.

Ahead of the event, analysts expect LUV to report a profit of $0.51 per share on a diluted basis, down 53.2% from $1.09 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing on one other occasion.

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