Southwest Airlines Reports Q2 2024 Earnings: A Closer Look at Key Metrics
Thursday, 25 July 2024, 13:10
Southwest Airlines Q2 2024 Earnings Overview
Southwest Airlines Co. (NYSE: LUV) has announced its earnings results for the second quarter of 2024. Here are the key highlights:
Key Financial Metrics
- Total Operating Revenues: Increased 4.5% year-over-year to $7.4 billion.
- Net Income: Decreased 46.3% to $367 million, translating to $0.58 per share.
- Adjusted EPS: Remained at $0.58.
Outlook for Q3 2024
For the upcoming third quarter, Southwest Airlines expects unit revenues to be flat, indicating potential challenges in maintaining growth momentum.
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