DALLAS (AP) — DALLAS (AP) — Southwest Airlines Co. (LUV) on Wednesday reported a loss of $149 million in its first quarter.
The Dallas-based company said it had a loss of 26 cents per share. Losses, adjusted for non-recurring costs, came to 13 cents per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.
The airline posted revenue of $6.43 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $6.4 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUV at https://www.zacks.com/ap/LUV
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