Previous close | 164.33 |
Open | 163.59 |
Bid | 166.28 x 800 |
Ask | 166.65 x 900 |
Day's range | 159.70 - 168.13 |
52-week range | 159.70 - 267.54 |
Volume | |
Avg. volume | 8,130,311 |
Market cap | 102.402B |
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 | 215.84 |
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 reported higher first-quarter profit and revenue, but results came in below what Wall Street was expecting. Airbus reported results just before noon ET Thursday in the U.S., after the European markets had closed for the day. France-based Airbus is still trouncing its U.S. rival on pure metrics so far this year.
Airbus posted weaker-than-expected first-quarter operating profit and cashflow as it hires more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 despite a nervous start to the year on industrial costs. The world's largest planemaker also announced a higher output target for its wide-body A350 model, of 12 a month in 2028, amid a renaissance in demand for long-haul jets. Airbus first-quarter orders were the second highest for that period, according to Agency Partners analyst Sash Tusa.