The company expects further challenges in the upcoming quarter
The company's non-GAAP EPS was $1.28, missing the expected figure by $0.02
The company's revenue was $5.28 billion, which was $150 million less than anticipated
Southwest Airlines, a major U.S. airline, reported its third-quarter earnings for 2023. The company's profit fell during this period, which was reflected in the earnings report. The airline's non-GAAP earnings per share (EPS) were $1.28, missing the expected figure by $0.02. Additionally, the company's revenue was $5.28 billion, which was $150 million less than anticipated.
The airline's stock price reacted to the earnings report, with some fluctuation observed. However, the specifics of the stock price change were not detailed in the sources provided. The company also provided some forward-looking statements, expecting further challenges in the upcoming quarter. The specifics of these challenges were not detailed in the sources provided.
The airline's quarterly profit slide was also reported, although the exact figures were not provided in the sources. The reasons for the profit slide were not detailed in the sources provided. The airline's financial performance is closely watched by investors and analysts, as it is one of the largest airlines in the U.S. and its performance can be indicative of broader trends in the airline industry.
The airline said it expects its fourth-quarter capacity to be down about 5% to 6% from the same period in 2019, before the pandemic.
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CNBC is owned by NBCUniversal, a division of Comcast Corporation. Comcast Corporation has significant investments in various industries, including airlines, which could potentially influence the coverage of Southwest Airlines.
Southwest said it expects its fourth-quarter capacity to be down about 5% to 6% from the same period in 2019, before the pandemic.
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None Found At Time Of
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Yahoo Finance is owned by Verizon Communications. Verizon has significant investments in various industries, including airlines, which could potentially influence the coverage of Southwest Airlines.
The airline said it expects its fourth-quarter capacity to be down about 5% to 6% from the same period in 2019, before the pandemic.
Accuracy
No Contradictions at Time
Of
Publication
Deception
(100%)
None Found At Time Of
Publication
Fallacies
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None Found At Time Of
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None Found At Time Of
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Barron's is owned by Dow Jones & Company, a division of News Corp. News Corp has significant investments in various industries, including airlines, which could potentially influence the coverage of Southwest Airlines.
Southwest said it expects its fourth-quarter capacity to be down about 5% to 6% from the same period in 2019, before the pandemic.
Accuracy
No Contradictions at Time
Of
Publication
Deception
(100%)
None Found At Time Of
Publication
Fallacies
(100%)
None Found At Time Of
Publication
Bias
(100%)
None Found At Time Of
Publication
Site
Conflicts
Of
Interest (70%)
Yahoo Finance is owned by Verizon Communications. Verizon has significant investments in various industries, including airlines, which could potentially influence the coverage of Southwest Airlines.