Southwest Airlines Co expected to post a loss of 34 cents a share - Earnings Preview

* Southwest Airlines Co is expected to show a rise in quarterly revenue when it reports results on April 25 for the period ending March 31 2024

* The Dallas Texas-based company is expected to report a 12.5% increase in revenue to $6.42 billion from $5.71 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data. (Revenue is on Total Revenue Basis)

* ​LSEG's mean analyst estimate for Southwest Airlines Co is for a loss of 34 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 11 "hold" and 3 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Southwest Airlines Co is $30.00​, above​ its last closing price of $29.73. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 0.14 0.12 0.37 Beat 220.5

Sep. 30 2023 0.38 0.38 0.38 Met 0.6

Jun. 30 2023 1.16 1.10 1.09 Missed -1.1​

Mar. 31 2023 -0.25 -0.23 -0.27 Missed -16.5

​​Dec. -0.12 -0.12 -0.38 Missed -226.9

31 2022

Sep. 30 2022 0.41 0.42 0.50 Beat 18​

Jun. 30 2022 1.21 1.19 1.30 Beat 9.7

Mar. 31 2022 -0.29 -0.30 -0.32 Missed -5.1

This summary was machine generated April 23 at 13:54 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)