Golden Cross Takes Flight: Southwest Airlines Soars After Earnings Beat
Southwest Airlines Co. LUV is soaring to new heights following an impressive earnings beat and a fresh alliance with activist investor Elliott Investment Management.
Southwest Q3 Earnings: Forward Guidance Disappoints On Cost Concerns
Southwest Airlines reported a non-GAAP EPS of $0.15, beating expectations, but shares fell due to cost pressures and board changes. Elliott Management's board shakeup adds uncertainty. The company aims to improve profitability, but it raises concerns regarding Southwest's faltering market niche. Southwest's middle-market position faces challenges, including rising costs, competition from new discount entrants like Breeze, and a potential Spirit-Frontier merger.
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber outage in July.
Southwest (LUV) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Southwest (LUV) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Southwest CEO Bob Jordan: Elliott deal is good for our shareholders
Bob Jordan, Southwest Airlines CEO, joins CNBC's 'Squawk on the Street' to discuss Southwest's deal with Elliott Investment Management, the company's third-quarter results, and more.
Southwest Reaches Deal With Activist Elliott, Adding 6 New Directors to Board
Southwest Airlines (LUV) announced a settlement with Elliott Investment Management Thursday morning, ending a months-long battle with the activist investor that has been calling for significant leadership and business strategy changes at the carrier.
Southwest Airlines beats revenue by wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.
Southwest Airlines (LUV) Q3 Earnings and Revenues Beat Estimates
Southwest Airlines (LUV) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.38 per share a year ago.
Southwest reaches deal with Elliott to appoint six new independent directors
CNBC's Steve Liesman joins 'Squawk Box' to report on the latest news.
Southwest Airlines profit tops estimates, expects higher revenue in fourth quarter
CNBC's Phil LeBeau joins 'Squawk Box' to report on the company's quarterly earnings results.
Southwest Airlines profit tops estimates, expects higher revenue in fourth quarter
Southwest Airlines profit tops estimates, expects higher revenue in fourth quarter
Elliott, Southwest Airlines near deal to avert board battle, Bloomberg News reports
Elliott Investment Management and Southwest Airlines are close to reaching a settlement agreement that would avert a proxy battle over control of the airline's board, Bloomberg News reported on Wednesday, citing people familiar with the matter.
