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Dallas, Texas-based Southwest Airlines Co. (LUV) is a passenger airline company, providing scheduled air transportation services in the U.S. and near-international markets. With a market cap of $20.3 billion, Southwest employs over 73,000 people and its operations span various U.S. states and 10 other nations.
The airline giant is expected to release its fourth-quarter earnings before the market opens on Thursday, Jan. 30. Ahead of the event, analysts expect Southwest to report a non-GAAP profit of $0.40 per share, up 8.1% from $0.37 per share reported in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates thrice over the past four quarters while missing on one other occasion. Its adjusted EPS for the last reported quarter plunged 60.5% year-over-year to $0.15 but notably surpassed analysts’ estimates of $0.05.
