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.
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