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An Updated Outlook and a Stock Buyback Plan Send Southwest Soaring
Southwest Airlines shares jumped Thursday as the airline announced a new $2.5 billion stock buyback plan and updated projections for revenue and fuel costs for the third quarter.
Southwest Airlines lifts Q3 revenue outlook, authorizes $2.5 bn share buyback plan
Shares in Southwest Airlines (NYSE:LUV) rose in premarket US trading on Thursday after the low-cost US carrier lifted its third-quarter outlook for revenue per available seat miles. The company said on Thursday it now
Southwest Airlines Soars on New Revenue Outlook, Stock Buybacks
Southwest Airlines stock is higher after the air carrier announced several initiatives, including a big share repurchase program. Here's what you need to know.
Southwest Airlines Raises Third-Quarter Revenue Forecast
(Reuters) - Southwest Airlines on Thursday raised its third-quarter forecast for revenue per available seat miles (RASM), a proxy for pricing power. The carrier expects RASM to be up between 2% and 3% for the period, compared with its prior range of flat to down 2%.
Southwest Airlines’ stock surges after revenue outlook raised, buybacks resumed
Southwest Airlines’ stock surged Thursday after the air carrier raised its revenue outlook and indicated it would resume stock repurchases for the first time in more than four years.
Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share buybacks
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Southwest Airlines gains after guidance update, buyback announcement
Southwest Airlines Co. (NYSE:LUV) provided a guidance update on Thursday ahead of the airline company's Investor Day event later on Thursday. For Q3, Southwest Airlines (LUV) expects to see revenue per available seat mile rise 2% to 3% year-over-year,
Southwest Airlines Prepares To Share Profitability Plan with Investors
Southwest is hosting its Investor Day in Dallas on Thursday, when shareholders will have the opportunity to hear more about these initiatives and the airline's plan to restore its profitability.
Benzinga.com
20h
What's Going On With American Airlines Stock Thursday?
Guidance: Southwest now sees revenue per available seat mile (
RASM
) rising 2% to 3%. Previously the company expected
RASM
...
4h
on MSN
US Airline Breeze Airways Continues To See Flight Network And Revenue Growth
Breeze Airways has experienced "tremendous" revenue growth so far in 2024, according to the carrier's Chief Commercial ...
22h
on MSN
3 Incredibly Cheap Industrial Stocks to Buy Now
An airline stock, a workflow technology stock, and a housing materials stock make up a list of great value stocks to buy now.
Aviation Week
1d
Breeze Airways Reports Consistent Revenue Growth After Three Years Of Service
U.S. carrier Breeze Airways, which passed its third anniversary in service in May, has seen “tremendous” revenue growth in ...
18h
Southwest Will Keep Bags Flying Free As Part Of New "Even Better" Plan
Engaged in a proxy war with an activist investor, Southwest Airlines has unveiled its plan, marketed as Southwest. Even ...
16h
on MSN
Jabil Posts Upbeat Earnings, Joins Micron Technology, Southwest Airlines And Other Big Stocks Moving Higher On Thursday
U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Thursday. Shares of Jabil Inc. JBL rose ...
9d
Here's What Delta Air Lines' Big News Means to Investors
The devil is in the details. Despite some mixed-headline numbers from Delta Air Lines' ( DAL 0.31%) latest investor update, ...
Kiplinger
1d
Stock Market Today: S&P 500 Hits New High as Micron Soars
Stocks opened solidly higher Thursday thanks to a round of encouraging economic data and strong earnings from memory ...
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