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Southwest, Spirit Stocks Fall After Earnings. Why There’s Not Much to Be Bullish About.

Por: MarketWatch Business October 26, 2023

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The carrier may have reported record third-quarter revenue of $6.5 billion, but that was below analysts’ estimates. Adjusted earnings per share of 38 cents were in line with analysts’ expectations. Demand remains solid, the company said, and it even expects record fourth-quarter revenue and record passenger numbers. But that’s pretty much where the good news ends. Southwest said that leisure trends, so strong over the summer, “appear to... + full article



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