Southwest Posts Earnings Beat Despite 'Headwinds' Related to MAX Grounding
Southwest Airlines reports better-than-expected first-quarter earnings despite what the company itself described as 'unexpected headwinds' related to the grounding of Boeing's 737 MAX jets.
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Southwest earned $387 million, or 70 cents a share, in the quarter vs. $463 million, or 79 cents a share, in the same period a year ago. Analysts surveyed by FactSet had been looking for earnings of about 61 cents a share.
Operating revenue rang in at a record $5.1 billion, the company said.
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https://www.thestreet.com/investing/sout...yptr=yahoo
Southwest Airlines reports better-than-expected first-quarter earnings despite what the company itself described as 'unexpected headwinds' related to the grounding of Boeing's 737 MAX jets.
...
Southwest earned $387 million, or 70 cents a share, in the quarter vs. $463 million, or 79 cents a share, in the same period a year ago. Analysts surveyed by FactSet had been looking for earnings of about 61 cents a share.
Operating revenue rang in at a record $5.1 billion, the company said.
...
https://www.thestreet.com/investing/sout...yptr=yahoo
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