Southwest Airlines Co. (NYSE:LUV ) Q4 2024 Results Conference Call January 30, 2025 12:30 PM ET Company Participants Julia Landrum - Vice President, Investor Relations Bob Jordan - President & CEO Andrew Watterson - Chief Operating Officer Ryan Green - Executive Vice President & Chief Transformation Officer Tammy Romo - Executive Vice President & Chief Financial Officer Whitney Eichinger - Chief Communications Officer Conference Call Participants Savi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Mike Linenberg - Deutsche Bank Catherine O'Brien - Goldman Sachs Dan McKenzie - Seaport Global Mary Schlangenstein - Bloomberg News Robert Silk - Travel Weekly Operator Hello, everyone, and welcome to the Southwest Airlines Fourth Quarter 2024 Conference Call. I'm Gary, and I'll be moderating today's call, which is being recorded.
LUV's fourth-quarter 2024 revenues are aided by upbeat travel demand and benefits from its revenue management techniques.
Prominent U.S. airline Southwest Airlines (LUV 0.24%) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a robust 21.7% outperformance.
While the top- and bottom-line numbers for Southwest (LUV) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Southwest Airlines (LUV) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.37 per share a year ago.
The carrier reported fourth-quarter earnings of 56 cents a share on revenue of $6.3 billion.
Carrier's overall expenses dropped nearly 8%.
U.S. budget carrier Southwest Airlines' fourth-quarter profit surpassed Wall Street estimates on Thursday, helped by robust travel demand and improved airfares.
LUV's fourth-quarter 2024 revenues are expected to have been aided by upbeat travel demand and benefits from its revenue management techniques.
Southwest (LUV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Southwest (LUV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Transportation Department is stepping up enforcement of persistent flight delays with a lawsuit against Southwest Airlines and a fine against Frontier Airlines.The agency said the U.S. District Court lawsuit it filed in California on Wednesday alleges that Southwest illegally operated chronically delayed flights and disrupted passengers' travel plans. It says it's seeking “maximum civil penalties.