Southwest Airlines Co
LUV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.Y^ | LOCK|<!Z | LOCK|vGRPB@l |
Southwest Airlines Earnings: The New Prices Are Likely To Stick; Shares Slightly Overvalued
Southwest reported first-quarter results very much in line with our expectations, earning $330 million in operating profit on $7.3 billion in revenue. Its new seating and pricing plan resulted in more empty seats and higher revenue per seat than we had foreseen.
