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Southwest Airlines Co   (LUV)
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    Sector  Transportation    Industry Airline
   Industry Airline
   Sector  Transportation


 

Southwest Airlines Co

LUV's Financial Statements and Analysis



Southwest Airlines Co increased forth quarter of 2023 net loss per share of $-0.42 compare to net loss per share of $-0.34 recorded in the same quarter a year ago a decrease from $0.31 eps realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ -0.42 $  6,823 Mill
$-0.08     $+651M     +10.55 %



Southwest Airlines Co 's Revenue rose by 10.55 % in forth quarter of 2023 (Dec 31 2023) year on year, to $6,823 million and advanced by 4.57 % sequentially.


Southwest Airlines Co is

More on LUV's Income Statement



Southwest Airlines Co 's in theforth quarter of 2023 recorded net loss of $-252.000 million, an increase from net loss of $-220.000 million in IV. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $193.000 million in the previous quarter.

More on LUV's Growth

Southwest Airlines Co Inventories
Inventories grew by 2.15 % to $807 million from IV. Quarter a year ago, sequentially inventories rose by 1 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-209 million, capital expenditures grew by -2867-74.96%, to $-718 millions compare to same quarter a year ago

More on LUV's Cash flow Statement


Southwest Airlines Co payed out dividend of $1.03 per share in last 52 weeks representing 147.14 % of net earning per share in trailing twelve-month period.

During the same period Southwest Airlines Co earned $ 5.17 cash per share, on a free-cash flow basis 738.75 % of net earning per share.

Book value fell by -0.50 % sequentially to $17.19 per share.
Tangible Book value fell to $ 15.60 per share from $ 15.76.

Company repurchased 28.16 million shares or 4.40 % in Dec 31 2023.
Interest Coverage Ratio was 3.44. Debt Coverage Ratio was 0.11.

More on LUV's Dividends

 Market Capitalization (Millions) 17,450
 Shares Outstanding (Millions) 612
 Total Debt (Millions $) 8,007
 Revenue (TTM) (Millions $) 26,091
 Net Income (TTM) (Millions $) 465
 Cash Flow (TTM) (Millions $) -204
 Capital Exp. (TTM) (Millions $) -3,672
 Dividend TTM ($) 1.03 $
 Dividend Yield TTM (%) 3.61 %
 Employees (TTM) $ 55,100




Southwest Airlines Co payed out dividend of $1.03 per share in the last 52 weeks representing 147.14 % of net earning per share in trailing twelve-month period.

During the same period Southwest Airlines Co had $ 5.17 cash flow per share, on a free-cash flow basis 738.75 % of net earning per share.

Book value fell by -0.50 % sequentially to $17.19 per share.
Tangible Book value fell to $ 15.60 per share from $ 15.76.

Company repurchased 28.16 million shares or 4.40 % in Dec 31 2023.
Interest Coverage Ratio was 3.44. Debt Coverage Ratio was 0.11.

More on LUV's Balance Sheets

 Market Capitalization (Millions) 17,450
 Shares Outstanding (Millions) 612
 Total Debt (Millions $) 8,007
 Revenue (TTM) (Millions $) 26,091
 Net Income (TTM) (Millions $) 465
 Cash Flow (TTM) (Millions $) -204
 Capital Exp. (TTM) (Millions $) -3,672
 Dividend TTM ($) 1.03 $
 Dividend Yield TTM (%) 3.61 %
 Employees (TTM) $ 55,100
   


  News about Southwest Airlines Co Earnings

Mixed Financial Results for Southwest Airlines Co in Q4 2023: Revenue Soars but Deficit per Share Increases

Southwest Airlines Co (NYSE: LUV) recently released its financial results for the fourth quarter of 2023, revealing a mixed bag of positive and negative outcomes. While the company's revenue increased by an impressive 10.548% to reach $6.82 billion during the October to December period, there was a concerning increase in the deficit per share, which stood at $-0.42. This marked a decline compared to the previous reporting season, where revenue surged by 4.567%, but the income per share fell from $0.31 per share.
The net deficit for the financial fourth quarter of 2023 was reported as $-252.000 million, higher than the $-220.000 million recorded in the same period the previous year. Moreover, there was an...

Southwest Airlines Reports Solid Top-Line Growth, but EPS takes a Dip

Financial News Report: Southwest Airlines Co Reports Declining EPS Despite Increasing Revenue
Southwest Airlines Co (LUV) has recently reported declining earnings per share (EPS) on increasing revenue for the financial period ending September 30, 2023. Despite revenue growth of 4.904% to $6.53 billion, compared to $6.22 billion in the previous year, earnings per share dropped by -29.55% to $0.31 per share. In the corresponding period a year ago, the company reported an income per share of $0.44. It is worth noting that LUV's business surge was lower than the remainder of the airline industry, which saw a growth of 6.79% from the corresponding reporting period a year ago.
In the prior reporting period...

Despite a Surge in Orders, Southwest Airlines Battles Slipping Profits in Q2 2023



Southwest Airlines Co recently announced its financial results for the most recent fiscal period, revealing a decline in earnings per share (EPS) despite an increase in revenue. This article will outline the key facts from the financial results and provide an interpretation of the figures.
Revenue Growth and Decline in Profitability:
In the most recent fiscal period, Southwest Airlines Co reported a 4.593% increase in revenue, reaching $7.04 billion compared to $6.73 billion in the previous year. While revenue growth is a positive indicator, profitability decreased by 10% to $1.08 per share. In the corresponding period the previous year, the income per share was $1.20, highlighting a declin...

Exceptional 21.559%, improvement in revenue by LUV during the January to March 31 2023 time-frame

Investing in the stock market requires careful consideration and analysis of a company's financial performance, as well as a prudent approach to managing risk. While Southwest Airlines Co. has reported improved results in some areas, caution is advised when considering whether to invest in this company at this time.
It is encouraging to note that for the January to March 31, 2023 interval, LUV decreased its loss per share from $-0.47 to $-0.27 per share, while also improving earnings per share from $-0.34 in the prior reporting period. However, investors should consider the broader context of these financial results. Revenue increased by a significant 21.559% from the prior year, but sequentially deterio...


Date modified: 2024-02-07T10:02:19+00:00





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