Southwest Airlines (NYSE:LUV) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Southwest Airlines missed estimated earnings by 6.67%, reporting an EPS of $-0.32 versus an estimate of $-0.3.
Revenue was up $2.64 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.26% increase in the share price the next day.
Here's a look at Southwest Airlines's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | -0.27 | -0.32 | -1.85 |
| EPS Actual | 0.14 | -0.23 | -0.35 | -1.72 |
| Revenue Estimate | 5.01B | 4.58B | 3.88B | 2.07B |
| Revenue Actual | 5.05B | 4.68B | 4.01B | 2.05B |
To track all earnings releases for Southwest Airlines visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
