Southwest Airlines to cut 15% of corporate jobs as part of cost-saving plan
Southwest Airlines said on Monday it would cut about 15% of corporate jobs, or about 1,750 roles, as the U.S. budget carrier looks to reduce costs and streamline its organizational structure.
Southwest Airlines to cut 15% of corporate jobs in cost-saving push
Southwest is cutting about 1,750 corporate jobs in race to cut costs.
Southwest Airlines Co. (LUV) Q4 2024 Earnings Call Transcript
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.
Southwest Airlines Q4 Earnings Surpass Estimates, Rise Y/Y
LUV's fourth-quarter 2024 revenues are aided by upbeat travel demand and benefits from its revenue management techniques.
Southwest Airlines' Profit Tops Estimate
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.
Southwest (LUV) Reports Q4 Earnings: What Key Metrics Have to Say
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) Q4 Earnings Surpass Estimates
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.
Southwest Airlines Posts Record Revenue. Why the Stock Is Falling.
The carrier reported fourth-quarter earnings of 56 cents a share on revenue of $6.3 billion.
Southwest Airlines swings to a profit as fuel costs drop
Carrier's overall expenses dropped nearly 8%.
Southwest Airlines profit exceeds expectations on improved pricing power
U.S. budget carrier Southwest Airlines' fourth-quarter profit surpassed Wall Street estimates on Thursday, helped by robust travel demand and improved airfares.
Is a Beat in the Cards for Southwest Airlines in Q4 Earnings?
LUV's fourth-quarter 2024 revenues are expected to have been aided by upbeat travel demand and benefits from its revenue management techniques.
What Makes Southwest (LUV) a New Buy Stock
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.
