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What to expect from Southwest Airlines Q1 earnings results after peers tops consensus mark

What to expect from Southwest Airlines Q1 earnings results after peers tops consensus mark
Southwest Airlines (NYSE:LUV) is scheduled to announce Q1 earnings results on Thursday, April 28th, before market open. The consensus EPS Estimate is -$0.30 (+82.6% Y/Y) and the consensus Revenue Estimate is $4.67B (+127.8% Y/Y). Over the last 2 years, LUV has beaten EPS estimates 88% of the time and has beaten revenue estimates 63% of the time. Over the last 3 months, EPS estimates have seen 6 upward revisions and 6 downward. Revenue estimates have seen 7 upward revisions and 2 downward. The company recently announced a cut in June flights by around 8,300 or 7% due to continuing challenges with available staffing. In January, the company after beating the consensus mark in Q4 guided Q1 revenue to be down 10% to 15% from 2019 levels with a load factor (passenger seating capacity) of about 75% to 80%. It also expects to have paid $60M in debts by the first quarter’s

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What to expect from Southwest Airlines Q1 earnings results after peers tops consensus mark

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