Tag: $LUV

Southwest Airlines Company bearish after reporting Q2 revenues

LUV– Southwest Airlines Company is engaged in passenger airlines providing scheduled air transportation in the US and near-international markets.

LUV – Southwest Airlines Company

Fundamentals Previously closed at 42.03
Day’s high 39.27
Day’s low 37.27
P/E ratio 11.26
EPS 3.4

 

Analysts opinion Southwest airlines reported a better than expected revenue for the Q2, due to cheap oil price and revenue growth per unit. However, the company warned of a challenging fare environment. Return on Investment capital yoy ending June 30th was 33.5%, above 28.2% last year. Analyst confidence meter, a proprietary algorithm of Stockal gives 36% positive rating based on analyst ratings.
Sentiments The stock is bearish today in early trading due to revenue announcements. The sentiment index is 100% negative according to Stockal proprietary algorithm.
Revenue The company reported profits of $820 Million or $1.28 for the quarter, up from $608 Million last year. Revenue rose to $5.38 Billion.
Social Media Pulse The stock has 97% higher social media chatter than usual.

Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/