Southwest Airlines reported fourth-quarter 2024 net income of $261 million, or $0.42 per share. Adjusted for non-recurring costs, the company's earnings reached $0.56 per share, surpassing the average analyst estimate of $0.45 per share.
The airline posted total operating revenues of $6.93 billion for the period, which slightly missed Wall Street forecasts of $6.95 billion. Despite the minor revenue miss, the adjusted profit beat indicates effective cost management and pricing power.
Southwest's performance was bolstered by robust travel demand during the holiday season. The company anticipates that strong travel demand and positive revenue trends will continue into the upcoming year.
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