News Brief: Southwest Airlines Q3 2024
Summary
Southwest Airlines reported a surprise profit for the third quarter, beating analyst expectations. The carrier anticipates record sales in the fourth quarter, driven by strong travel demand and higher fares, and has reaffirmed its full-year earnings outlook.
Key Points
- Surprise Profit: Reported adjusted earnings of 11 cents per share, versus an expected loss of 3 cents.
- Revenue: Reached $6.95 billion, slightly above expectations of $6.92 billion.
- Q4 Outlook: Projects record sales, with unit revenue expected to increase 1-3% and capacity up 6%.
- Full-Year Forecast: Reaffirmed its 2024 earnings before taxes outlook of $600 million to $800 million, a significant reduction from a previous forecast.
- Strategic Shifts: Abandoning long-standing policies like open seating and free checked bags to boost revenue and compete more effectively.
- Year-over-Year Performance: Net profit fell over 19% to $54 million, while revenue increased by 1%.
新闻简报：西南航空2024年第三季度
总结
西南航空第三季度意外实现盈利，超出分析师预期。该航空公司预计，受强劲旅行需求和高票价推动，第四季度将实现创纪录的销售额，并重申了其全年盈利展望。
关键点
- 意外盈利：报告调整后每股收益为11美分，而预期为亏损3美分。
- 收入：达到69.5亿美元，略高于预期的69.2亿美元。
- 第四季度展望：预计销售额将创纪录，单位收入预计增长1%至3%，运力同比增长6%。
- 全年预测：重申其2024年税前利润预期为6亿至8亿美元，较此前预测大幅下调。
- 战略转变：放弃开放式选座和免费托运行李等长期政策，以提高收入并更有效地竞争。
- 同比表现：净利润下降超过19%，至5400万美元；收入同比增长1%。
Original Article Link: https://www.cnbc.com/2025/10/22/southwest-airlines-luv-earnings-q3-2025.html