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Southwest Airlines shares fall as weak Q3 outlook overshadows earnings beat
Proactive70d agoneutral
Southwest Airlines shares fall as weak Q3 outlook overshadows earnings beat

Southwest Airlines Co (NYSE:LUV) shares fell about 5% in early trading Thursday after the airline reported stronger-than-expected second-quarter results but issued a third-quarter earnings outlook that fell below Wall Street expectations. The company reported adjusted earnings per share of...

American Airlines shares fall despite second-quarter earnings beat on weaker outlook (NASDAQ:AAL)
InvestorsHub70d agoneutral
American Airlines shares fall despite second-quarter earnings beat on weaker outlook (NASDAQ:AAL)

American Airlines Group (NASDAQ:AAL) reported better-than-expected second-quarter earnings on Thursday, but its shares fell more than 5% in premarket trading after the carrier issued a weaker-than-anticipated profit outlook for the third quarter and the full year. While record revenue reflected continued demand for travel, higher fuel costs weighed on the company’s earnings forecast.