Southwest profit rises more than 16 percent in 3Q
Published 10-25-2018
DALLAS (AP) - Southwest Airlines is reporting profits rose more than 16 percent, to $615 million during the third quarter.
On a per-share basis, the Dallas company had a profit of $1.08, beating estimates by 2 cents, according to a survey by Zacks Investment Research.
Revenue was $5.58 billion, also edging out forecasts.
Shares of Southwest Airlines Co. have dropped 17 percent since the beginning of the year.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUV at https://www.zacks.com/ap/LUV
No comments found. Sign up or Login to rate and review content.
More stories that may interest you
Read More News
Sponsored Link