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Southwest Airlines Earnings: Another Stinker

·4 min read
Southwest Airlines Earnings: Another Stinker
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For much of its 50-year history, Southwest Airlines (NYSE: LUV) has been one of the most profitable airlines in the world. On Thursday, Southwest reported an adjusted net loss of $0.23 per share on $4.68 billion of revenue for the third quarter. Objectively, Southwest's results were quite bad.