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Southwest Airlines(LUV) - 2024 Q3 - Quarterly Results
2024-10-24 18:32
财务表现 - 第三季度营业收入创历史新高达69亿美元,同比增长5.3%[1] - 第三季度客运收入创历史新高达63亿美元,同比增长5.7%[1] - 第三季度单位营收同比增长2.8%,处于公司此前指引范围的较好水平[3] - 第三季度经济燃油成本为每加仑2.55美元,在公司此前指引范围内[5] - 第三季度非燃油成本同比增长14.3%,单位非燃油成本同比增长11.6%[9] - 第三季度营业收入为68.7亿美元,同比增长5.3%[24] - 第三季度净利润为0.67亿美元,同比下降65.3%[24] - 第三季度每股收益为0.11美元,同比下降64.5%[24] - 前三季度营业收入为205.53亿美元,同比增长6.7%[24] - 前三季度净利润为2.04亿美元,同比下降71.5%[24] - 前三季度每股收益为0.34美元,同比下降70.4%[24] - 第三季度燃油费用为14.17亿美元,同比下降9.4%[25] - 第三季度剔除特殊项目的燃油费用为14.36亿美元,同比下降7.5%[25] - 第三季度剔除燃油费用和特殊项目的营业费用为53.84亿美元,同比增长14.3%[25] - 前三季度剔除燃油费用和特殊项目的营业费用为158.77亿美元,同比增长15.3%[25] - 公司三季度收益总计为2.69亿美元,同比下降70.5%[26] - 公司三季度营业收入为15.34美分/可用座公里,同比增长2.7%[27] - 公司三季度营业成本(不含燃油费、特殊项目和利润分享)为11.87美分/可用座公里,同比增长7.5%[27] - 公司三季度净利润为2.04亿美元,同比下降71.5%[26] - 公司三季度每股摊薄收益为0.34美元,同比下降70.4%[27] 运营数据 - 第三季度客座率为85.5%,同比下降1.1个百分点[28] - 第三季度每航段平均收益为14.11美分,同比增长3.2%[28] - 第三季度每可用座公里收益为13.89美分,同比增长2.6%[28] - 第三季度每可用座公里成本为15.34美分,同比增长2.7%[27] - 第三季度运营收益率为4.5%,同比下降5.1个百分点[28] - 三季度收入旅客人数为35,516,000人,同比增长0.5%[29] - 三季度可用座位英里数为45,219百万,同比增长2.4%[29] - 三季度平均客票价格为175.97美元,同比增长5.2%[29] - 三季度每可用座位英里收益为15.19美分,同比增长2.8%[29] - 三季度每可用座位英里成本为15.11美分,同比增长4.1%[29] - 三季度不含燃油和特殊项目的每可用座位英里成本为11.95美分,同比增长11.2%[29] - 三季度燃油成本(含税)为每加仑2.50美元,同比下降13.5%[29] - 截至2024年9月30日,公司共有811架飞机,同比下降0.7%[29] 财务状况 - 公司截至2024年9月30日拥有94亿美元的现金及现金等价物和短期投资,并有10亿美元的可用循环信贷额度[1] - 公司拥有价值约171.1亿美元的未抵押资产,其中包括142.2亿美元的飞机价值和29亿美元的非飞机资产[1] - 公司截至2024年9月30日的净现金头寸为14亿美元,杠杆率为46%[1] - 公司已于2024年9月30日前向股东支付4.31亿美元的股息[1] - 公司将启动2.5亿美元的加速股票回购计划,剩余25亿美元的回购额度[1] - 2024年第三季度经营活动产生的现金流为113百万美元[32] - 2024年前三季度经营活动产生的现金流为-14百万美元[32] - 2024年第三季度资本支出为517百万美元[32] - 2024年前三季度资本支出为1,594百万美元[32] - 2024年第三季度支付的现金股利为216百万美元[32] - 2024年前三季度支付的现金股利为431百万美元[32] - 2024年9月30日现金及现金等价物余额为8,503百万美元[32] - 2024年9月30日调整后债务占投入资本的比率为46%[40] 未来展望 - 预计第四季度单位营收同比增长3.5%至5.5%,容量同比下降约4%[4] - 预计2024年全年资本支出约为21亿美元,主要由于波音交付延迟导致飞机采购支出下降[13] - 公司与波音就飞机交付延迟的财务影响进行持续沟通[13] - 公司计划2024年退役约41架飞机,主要为737-700型机[11] - 公司预计2025年至2027年年度容量增长将在1%至2%之间[12] 其他 - 公司获得《华尔街日报》最佳管理公司的称号[1] - 公司的联名信用卡被评为客户满意度最高的航空公司联名信用卡[1] - 公司的可再生能源投资组合公司SAFFiRE Renewables在堪萨斯州立项建设生产设施,标志着其将玉米秸秆转化为可再生航空燃料的重要一步[1] - 公司在2024年第三季度偿还了1100万美元的债务和融资租赁义务[1] - 公司获得多项ESG相关的认证和奖项[2][3][4] - 公司2024年前12个月的非GAAP税率为24.3%[30] - 公司2024年
Southwest and Elliott near settlement which would end proxy fight, source says
CNBC· 2024-10-24 10:38
A Southwest Airlines Boeing 737 jet departs from San Diego International Airport en route to St. Louis on August 24, 2024 in San Diego, California.Activist investor Elliott Investment Management and Southwest Airlines are close to a settlement deal that would give the dissident sizable representation on the company's board, according to a person familiar with the matter.The settlement could be announced as soon as Thursday, said the person. A spokesperson for Southwest did not immediately return requests fo ...
Southwest Airlines to Discuss Third Quarter 2024 Financial Results on October 24, 2024
Prnewswire· 2024-10-23 21:10
DALLAS, Oct. 23, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2024 financial results. Details are as follows:When: Thursday, October 24, 2024 at 12:30 PM Eastern Time Who: Bob Jordan, President and Chief Executive Officer Andrew Watterson, Chief Operating Officer Tammy Romo, Executive Vice President and Chief Financial Officer Web Address: http://www.southwestairlinesinvestorrelations.com/ To access the live audio webcast and subsequen ...
What to Expect from Southwest Airlines' Earnings
Schaeffers Investment Research· 2024-10-23 02:09
Shares of Southwest Airlines Co (NYSE:LUV) are 0.4% lower at $30.31, as the airline giant prepares to report third-quarter results before the open on Thursday, Oct. 24. According to Zacks, analysts expect the company to post earnings of 5 cents per share -- an 86.8% decline from a year ago -- on revenue of $6.8 billion.A look at the last two years shows LUV tends to underperform the day after earnings. In fact, the equity finished lower in six of its last eight post-earnings sessions. Shares averaged a 4.2% ...
Southwest Airlines (LUV) Now Trades Above Golden Cross: Time to Buy?
ZACKS· 2024-10-21 22:55
文章核心观点 - Southwest Airlines Co. (LUV)股价最近出现了"黄金交叉"信号,即50日移动平均线突破了200日移动平均线,这通常被视为是一个看涨信号 [1] - 黄金交叉通常有三个关键阶段:股价先下跌到底部,然后短期移动平均线上穿长期移动平均线,最后股价继续上涨 [1] - 这种技术图形模式与"死亡交叉"相反,后者则暗示未来股价走势可能偏空 [1] - 过去4周LUV股价上涨6.7%,且公司目前在Zacks排名中为2级(买入),表明LUV有望出现突破 [1] 公司相关 - LUV当前季度的盈利前景向好,过去6次业绩预测均有上调 [1] 行业相关 无相关内容
Ahead of Southwest (LUV) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2024-10-21 22:21
In its upcoming report, Southwest Airlines (LUV) is predicted by Wall Street analysts to post quarterly earnings of $0.05 per share, reflecting a decline of 86.8% compared to the same period last year. Revenues are forecasted to be $6.8 billion, representing a year-over-year increase of 4.2%. Over the last 30 days, there has been an upward revision of 21.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their i ...
Elliott, Southwest in early settlement talks for significant board representation, sources say
CNBC· 2024-10-21 00:06
文章核心观点 - 西南航空公司与投资者埃利奥特投资管理公司正在就埃利奥特在西南航空公司董事会中获得重要席位进行讨论[1][2] - 西南航空公司计划在未来三年内将利润增加40亿美元,并将削减亚特兰大航线以提高利润[2] - 西南航空公司将放弃现有的开放式座位模式,改为提供额外腿部空间的座位[2] 根据相关目录分别进行总结 公司动态 - 西南航空公司董事会将在明年主席加里·凯利卸任后缩减至12名成员,埃利奥特可能最终获得不到6个董事会席位[1] - 埃利奥特曾要求召开特别股东大会,试图罢免CEO鲍勃·乔丹,并改变公司的战略规划[2] - 西南航空公司一直支持CEO鲍勃·乔丹,他已在公司工作近40年,现正着手对公司业务模式进行重大变革以增加收入,应对竞争对手[2] 业务变革 - 西南航空公司计划放弃现有的开放式座位模式,改为提供额外腿部空间的座位,以满足消费者需求的变化[2] - 西南航空公司未来三年内计划将利润增加40亿美元,并将削减亚特兰大航线以提高利润[2] - 西南航空公司最近上调了第三季度收入预期[3]
What's in the Cards for Southwest Airlines in Q3 Earnings?
ZACKS· 2024-10-19 01:40
Southwest Airlines Co. (LUV) is scheduled to report third-quarter 2024 results on Oct. 24.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Southwest Airlines surpassed the Zacks Consensus Estimate in two of the preceding four quarters, the average beat being 61.62%. However, the company missed the Zacks Consensus Estimate in one quarter and met the mark in the remaining quarter.Let’s see how things have shaped up for Southwest Airlines this earnings season.LUV’s Q3 ExpectationsThe Za ...
Analysts Estimate Southwest Airlines (LUV) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-17 23:06
Southwest Airlines (LUV) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Oc ...
Virginia Credit Union, Member One Donate $25,000 to United Way to Aid Hurricane Helene Relief Efforts in Southwest Virginia
GlobeNewswire News Room· 2024-10-16 01:29
Roanoke, Virginia, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Virginia Credit Union and its Member One division are providing $25,000 to support Southwest Virginia communities devastated by the remnants of Hurricane Helene. The donation to the United Way of Southwest Virginia's Disaster Relief Fund will support local residents, with 100 percent of the donation helping individuals and families in need. "Our thoughts are with those impacted by Helene because we know that for many in our credit union family and our nei ...