Previous close | 164.33 |
Open | 163.59 |
Bid | 163.97 x 800 |
Ask | 164.04 x 900 |
Day's range | 159.70 - 164.33 |
52-week range | 159.70 - 267.54 |
Volume | |
Avg. volume | 8,130,311 |
Market cap | 100.72B |
Beta (5Y monthly) | 1.53 |
PE ratio (TTM) | N/A |
EPS (TTM) | -3.53 |
Earnings date | 24 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 13 Feb 2020 |
1y target est | 231.04 |
Southwest Airlines (LUV) stock is spinning out in Thursday's pre-market session, falling after the airline operator slashes its expectations for the number of Boeing 737 Max jets (BA) it will receive in 2024. Amid safety concerns and several probes by federal regulators, Boeing is experiencing a backlog in aircraft deliveries it has promised to operators. Morning Brief Co-Hosts Seana Smith and Brad Smith report on Southwest's earnings results and its capacity forecasts. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Airbus posted weaker than expected first-quarter operating profit and cashflow partly after hiring more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 after a nervous start to the year on industrial costs. Airbus reported 577 million euros ($618.37 million) in adjusted operating profit, down 25% on the year, revenue of 12.83 billion euros and a free cash outflow of 1.8 billion euros. "Geopolitical and supply chain tensions continue," Airbus CEO Guillaume Faury said in a results statement, adding the operating environment "shows no sign of improvement".
Southwest Airlines announced Thursday it will stop serving four airports after reporting increased losses in the first quarter and more delays in the delivery of promised jets from Boeing.