The Traderszone Network

Published in TZ Latest News 22 October, 2015 by The TZ Newswire Staff

Southwest Air tops third-quarter profit estimate, expects unit revenue rise

On an adjusted basis, profit was $623 million, or 94 cents per diluted share, compared with the average analyst estimate of 92 cents, according to Thomson Reuters I/B/E/S. Southwest forecast that unit revenue would rise about 1 percent in the fourth quarter, compared to the year prior.