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Southwest Air Tops Profit Estimates
Southwest Airlines Tops Profit Estimates as Cost Cuts Take Hold
Southwest Airlines Co. reported third-quarter profit more than double Wall Street’s estimates, a needed boost as the carrier tries to shore up financial results amid a bruising fight with activist Elliott Investment Management.
Southwest Airlines revenue rises but Q3 profit falls by two-thirds on higher costs
Southwest Airlines' third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 million, on higher costs for labor and other expenses. The airline, which is under pressure from hedge fund Elliott Investment Management to boost profit,
Southwest Airlines profit tops estimates, expects higher revenue in fourth quarter
Southwest Airlines third-quarter profit fell from a year ago but topped Wall Street estimates while the carrier workers to drum up revenue and fend off activist investor Elliott Investment Management.
1m
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending - at least for ...
3h
Southwest CEO to keep job after bitter boardroom battle with hedge fund Elliott
The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...
TravelPulse on MSN
6h
Southwest Reconstitutes Board in Deal With Elliott Management Following Profitable Q3
Southwest Airlines reported a profitable third quarter and restructured its board in a deal with Elliott Management, ...
Business Insider
13h
Southwest Airlines Inc. Q3 Profit Decreases, But Beats Estimates
(RTTNews) -
Southwest
Airlines
Inc. (LUV) revealed a
profit
for third quarter that decreased from last year but beat the Street estimates. The company's bottom line came in at $67 million, or $0 ...
9h
Southwest settles proxy fight with hedge fund and reports smaller Q3 profit. American loses money
Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...
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