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Southwest Airlines Earnings Report Preview For Thursday's Release

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Southwest Airlines (LUV)

Background: Southwest Airlines is a major domestic airline that provides primarily shorthaul, high-frequency, point-to-point, low-fare service. Southwest operates over Boeing 737 aircraft in numerous cities. Southwest has the lowest operating cost structure in the domestic airline industry and consistently offers the lowest and simplest fares. Southwest also has one of the best overall Customer Service records.

Strong second-quarter earnings growth is expected by Wall Street before the market opens on July 25, 2013. The consensus mean is 40 cents a share, a gain of 4 cents (10%) from 36 cents during the corresponding quarter last year. The lowest analyst estimate this report is 30 cents per share, and the highest is 51 cents per share.

This stock currently has an annualized dividend of 16 cents, yielding 1.2%.
 

Analyst opinion is mixed. Most of the analysts surveyed don't believe a buy or a sell should be made at this point. Currently, Southwest Airlines has 7 buy recommendations out of 15 analysts covering the company, 6 holds, and 2 recommend selling. The stock has appreciated 45% in the last year, and the average analyst target price for Southwest Airlines is $15.33.
 

Presently, based on the float the short interest is unimportant and not a worry. The small amount of short interest is 2.2%.

 

 

(LUV)

(DAL)

(JBLU)

Strong Buy

3

5

2

Moderate Buy

4

8

2

Hold

6

1

8

Moderate Sell Ratings

1

0

0

Strong Sell Ratings

1

1

3

Avg Analyst Price Target

$15.33

$22.29

$7.70

Revenue

$17.59 billion

$37.26 billion

$5.40 billion

Est Low EPS

0.30

0.87

0.13

Est High EPS

0.51

1.00

0.25

1 Year Stock Price Change

43.56%

80.00%

12.31%

 

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Stock Tickers: LUV DAL Author Disclosure: n/a
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