Category: Finance
Southwest Airlines is set to report its second-quarter 2024 results on July 25, with expectations of $7.35 billion in revenue, reflecting a 4.45% year-over-year growth. Despite a solid operational performance, the company anticipates a decline in revenue per available seat mile (RASM) and an increase in costs, leading to a downward revision of earnings estimates. The current Earnings ESP stands at -2.71% with a Zacks Rank of #4 (Sell).
Keywords: Southwest Airlines, earnings report, financial performance
Update At: 7/25/2024