With LUV shares appreciating lately, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.
LUV now expects its third-quarter revenue per available seat mile to increase 2-3% on a year-over-year basis, an upside from the previous forecast of flat to down 2%.
Southwest (LUV) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Southwest CEO Bob Jordan joins 'Closing Bell Overtime' and CNBC's Phil LeBeau to talk its three-year plan, battling with activist investors, recent troubles at Boeing and more.
Southwest CEO Bob Jordan joins 'Closing Bell Overtime' and CNBC's Phil LeBeau to talk its three-year plan, battling with activist investors, recent troubles at Boeing and more.
The activist hedge fund – led by billionaire Paul Singer – encouraged shareholders to call back their shares and reaffirmed its intent to host a special meeting to oust the current board.
CNBC's Phil Lebeau joins 'The Exchange' from Southwest investor day to report on the airline's new strategy and guidance moving forward.
Southwest said revenue in the current quarter is coming in ahead of expectations. The company also announced a new $2.5 billion share buyback authorization.
Shares of Southwest Airlines (LUV) jumped Thursday as it announced a $2.5 billion stock buyback program and provided a positive update to its third-quarter and full fiscal year outlook.
Sheila Kahyaoglu, Jefferies aerospace and defense analyst, joins CNBC's 'Money Movers' to discuss Southwest's investor day, the carrier's updated plans and guidance, and more.
Southwest Airlines stock is higher after the air carrier announced several initiatives, including a big share repurchase program. Here's what you need to know.
Southwest Airlines Co (NYSE:LUV) shares gained more than 10% after the airline raised its third quarter forecast for revenue per available seat mile and announced a $2.5 billion share repurchase program. The airline now expects revenue per available seat mile, which reflects pricing power, to increase between 2% to 3% in Q3, compared with its earlier expectation of flat to 2% growth.