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Barchart
Barchart
Rashmi Kumari

Southwest Airlines' Q3 2024 Earnings: What to Expect

Southwest Southwest Airlines LUV

Southwest Airlines Co. (LUV), headquartered in Dallas, Texas, is a major U.S. airline known for its low-cost business model and exceptional customer service, with a market cap of $18.32 billion. The company offers various travel solutions prioritizing affordability and convenience for leisure and business travelers. Southwest is set to release its Q3 earnings report before the market opens on Thursday, Oct. 24.

Ahead of the event, analysts expect LUV to report a profit of $0.04 per share, down 89.5% from $0.38 in the year-ago quarter. The company has surpassed or matched Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.

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