- Dec 5, 2003
- 21,709
- 10,721
WN reported a handsome profit this a.m.
http://finance.yahoo.com/news/southwest-airlines-reports-record-third-103000458.html
the slice and does goes like this
Record third quarter net income, excluding special items1, of $623 million, or $.94 per diluted share. This represented a $241 million increase from third quarter 2014 and exceeded the Thomson Reuters First Call mean estimate of $.92 per diluted share.
Record third quarter GAAP2 net income of $584 million, or $.88 per diluted share, compared with third quarter 2014 GAAP net income of $329 million.
Record quarterly GAAP operating income of $1.2 billion. Excluding special items, record third quarter operating income of $1.0 billion, resulting in an operating margin3 of 20.3 percent.
Fuel was down by $450 million while labor costs were up over $300 million
PRASM was down 4% on a 1.1% increase in passenger length of haul. CASM ex-fuel, specials, and profit sharing was up .7%
http://finance.yahoo.com/news/southwest-airlines-reports-record-third-103000458.html
the slice and does goes like this
Record third quarter net income, excluding special items1, of $623 million, or $.94 per diluted share. This represented a $241 million increase from third quarter 2014 and exceeded the Thomson Reuters First Call mean estimate of $.92 per diluted share.
Record third quarter GAAP2 net income of $584 million, or $.88 per diluted share, compared with third quarter 2014 GAAP net income of $329 million.
Record quarterly GAAP operating income of $1.2 billion. Excluding special items, record third quarter operating income of $1.0 billion, resulting in an operating margin3 of 20.3 percent.
Fuel was down by $450 million while labor costs were up over $300 million
PRASM was down 4% on a 1.1% increase in passenger length of haul. CASM ex-fuel, specials, and profit sharing was up .7%
