Southwest Airlines stock was falling on Thursday after the carrier’s fourth-quarter revenue and forward guidance both came in a little short of Wall Street’s expectations. Shares fell 2.7% to $30.80 in premarket trading.

Southwest Airlines Co. warned that costs will climb faster than expected as it grapples with heavy labor expenses, undercutting gains from strong demand for leisure travel.Non-fuel unit costs will rise as much as 9% in the first quarter after an 11% jump in the final months of last year,

Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.

The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first quarter. Airlines across the U.S. have cut seating to boost fares after a surplus capacity, introduced last summer in anticipation of a demand surge, forced airlines to offer discounts and sacrifice margins.

Southwest Airlines Co. may be at risk of a comment letter from the Securities and Exchange Commission after including adjusted revenue in its fourth-quarter earnings report published early Thursday. The carrier LUV explained in footnotes that the adjusted revenue,

A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.

The class action lawsuit, filed on behalf of 60,000 plan participants, alleges the airline failed to replace a “chronically underperforming” large-cap fund holding over $2 billion in retirement plan assets for 15 years – and “still continues to this day.

Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.

Southwest Airlines Co (LUV) stock saw a decline, ending the day at $31.65 which represents a decrease of $-0.20 or -0.63% from the prior close of $31.85. The stock opened at $31.95 and touched a low of $31.

Southwest (LUV) executives stated on the company’s earnings call: “We are taking immediate actions to accelerate as much of the $500M of

Prominent U.S. airline Southwest Airlines (NYSE:LUV) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a robust 21.7% outperformance. Operating revenue of $6.93 billion slightly missed the forecasted $6.96 billion.

Southwest Airlines (LUV) stock is down today despite the air travel company beating Q4 2024 profit estimates. The company’s earnings per share