WASHINGTON (dpa-AFX) - Southwest Airlines Inc. (LUV) reported a profit for third quarter that Decreased from last year but beat the Street estimates.
The company's earnings totaled $54 million, or $0.10 per share. This compares with $67 million, or $0.11 per share, last year.
Excluding items, Southwest Airlines Inc. reported adjusted earnings of $58 million or $0.11 per share for the period.
Analysts on average had expected the company to earn -$0.04 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.1% to $6.949 billion from $6.870 billion last year.
Southwest Airlines Inc. earnings at a glance (GAAP) :
-Earnings: $54 Mln. vs. $67 Mln. last year. -EPS: $0.10 vs. $0.11 last year. -Revenue: $6.949 Bln vs. $6.870 Bln last year.
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