Southwest Airlines Q2 Profit Misses Estimates, Announces $2 Billion Share Buyback
Southwest Airlines Q2 Profit Misses Estimates, Announces $2 Billion Share Buyback Southwest Airlines today revealed its second-quarter financial results, reporting earnings and revenue that fell short of Wall Street’s expectations. Despite the miss, the airline offered a hopeful outlook, stating that travel demand has begun to stabilize, a sentiment echoed by other major carriers in recent weeks. For the second quarter, Southwest posted adjusted earnings per share of 43 cents, below the anticipated 51 cents. Revenue reached $7.24 billion, slightly…