Southwest's CEO Bob Jordan said "our hearts go out" to people on the American Airlines flight involved in Wednesday night’s midair collision with a helicopter in the nation’s capital.

Southwest Airlines (NYSE: LUV) Q4 2024 Earnings Call Jan 30, 2025, 12:30 p.m. ET

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.

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.

Bernstein analyst David Vernon has maintained their neutral stance on LUV stock, giving a Hold rating on January 17.Invest with Confidence:

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.

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

Southwest Airlines posted a profit in the fourth quarter as bookings during the holidays were better than expected.

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 reported mixed Q4 2024 results and exceeding guidance for new aircraft acquisitions and cost reduction targets.

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

Dallas-based Southwest Airlines is shifting about 270 pilots from key bases in Denver and Atlanta while bulking up its presence in Baltimore and Nashville.