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Southwest 4Q profit falls, federal shutdown hurts revenue
DALLAS (AP) -- Southwest Airlines says it has lost $10 million to $15 million so far from the partial government shutdown but overall travel demand remains strong, boosting the carrier's outlook for first-quarter revenue.
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Southwest said it earned $654 million in the fourth quarter, down 63 percent from $1.75 billion a year earlier.
The profit of $1.17 per share beat the average forecast of $1.06 from 12 analysts surveyed by Zacks Investment Research.
Revenue rose 8.5 percent to $5.7 billion, narrowly beating the analysts' forecasts. Spending on jet fuel and labor costs both rose.
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https://finance.yahoo.com/news/southwest...00050.html
![[Bild: LUVc1dl1518.png]](https://finviz.com/publish/012419/LUVc1dl1518.png)
DALLAS (AP) -- Southwest Airlines says it has lost $10 million to $15 million so far from the partial government shutdown but overall travel demand remains strong, boosting the carrier's outlook for first-quarter revenue.
...
Southwest said it earned $654 million in the fourth quarter, down 63 percent from $1.75 billion a year earlier.
The profit of $1.17 per share beat the average forecast of $1.06 from 12 analysts surveyed by Zacks Investment Research.
Revenue rose 8.5 percent to $5.7 billion, narrowly beating the analysts' forecasts. Spending on jet fuel and labor costs both rose.
...
https://finance.yahoo.com/news/southwest...00050.html
