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Southwest Airlines Q3 bottom line dropped to $582 million

Staff Writer |
Southwest Airlines reported earnings for third quarter that lost ground compared to the same period last year.

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The company said its bottom line dropped to $582 million, or $0.93 per share. This was down from $623 million, or $0.94 per share, in last year's third quarter.

The company said revenue for the quarter fell 0.2% to $5.14 billion. This was down from $5.15 billion last year.

Southwest Airlines Inc. earnings at a glance:

- Earnings (Q3): $582 million. vs. $623 million last year
- Earnings Decline (Y-o-Y): -6.6%
- EPS (Q3): $0.93 vs. $0.94 last year
- EPS Decline (Y-o-Y): -1.1% - Revenue (Q3): $5.14 billion vs. $5.15 billion last year
- Revenue Change (Y-o-Y): -0.2%.

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