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Nice call. Luv headed to new highs??
Buying down here??
Southwest Soars Past Expectations
Source: Dow Jones News
Southwest Airlines Co. said profit jumped 78% in its latest quarter, reflecting the boon of low fuel prices in the airline industry.
The No. 4 U.S. airline by traffic also followed through on an earlier prediction that lagging revenue would pick up in the third quarter and registered a nearly 11% jump in its top line.
Southwest and its U.S. airline peers have reported strong financial results in recent quarters, the result of slower growth, less competition and cheaper fuel. Southwest continued the trend, as fuel and oil expense dropped 32% in the latest quarter. Still, some signs have pointed to investor concerns that the sector's windfall will not be sustainable if and when oil prices rebound.
Southwest's unit revenue—the amount it takes in per seat flown a mile—declined 4% in the quarter compared with a year ago, a small improvement from the 4.6% posted in the prior three months. Analysts and investors closely watch the metric as a sign of demand and how well an airline is generating sales. Unit revenues have been declining across the industry because of relatively rapid expansions.
Capacity increased 7.6%, while load factor inched up to 85.4% from 84.4% a year earlier.
Overall, the company posted a profit of $584 million, or 88 cents a share, up from $329 million or 48 cents a share a year earlier. Excluding certain items, earnings on a per-share basis rose to 94 cents a share from 55 cents a year earlier.
Revenue climbed 10.8% to $5.32 billion.
Market is looking ugly right now. I'm taking a few steps back right now and just watching
Not too late after all.
Thanks for the tip. I'll check it out
Crazy uptrend here. LUV and JBLU are in big bullish uptrends. Catch AAL though. A break and hold of $44 sends it to $48 in a flash..
Damn...I'm too late to the party
Agree media puts fear in investors in order to pick up cheap shares. When they upgrade LUV at the 52 high I would sell. Low oil for 2015 will mean huge profits for many quarters to come. It's pretty easy
Definitely go with JPM. MS never liked LUV. They're just out to try and scoop up some shares. Then they'll turn around and upgrade.
How is it even possible to decide which one is right? Ms says underweight and JPM says overweight. Bunch is BS.
MS underweight rating just reiterated last night. Crooks. Still $41 PT though. This one may be the laggard today.
Loaded today. A little late, but should be a great run into EOY.
$LUV recent news/filings
bullish optionable
sar flip
hidden bullish divergence
inverted head and shoulders reversal
on balance volume climbing
stochastics exiting oversold
## source: finance.yahoo.com
Fri, 31 Jul 2015 15:06:26 GMT ~ Important Factors that Can Affect Southwest in the Future
read full: http://finance.yahoo.com/news/important-factors-affect-southwest-future-150626887.html
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Fri, 31 Jul 2015 13:06:40 GMT ~ What Investors Should Know about Southwest
read full: http://finance.yahoo.com/news/investors-know-southwest-130640756.html
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Thu, 30 Jul 2015 20:01:58 GMT ~ Southwest Airlines names Ron Ricks vice chairman, shuffles senior executives
read full: http://www.bizjournals.com/dallas/news/2015/07/30/southwest-airlines-names-ron-ricks-vice-chairman.html?ana=yahoo
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Thu, 30 Jul 2015 18:59:08 GMT ~ Southwest Airlines Declares 156th Consecutive Quarterly Dividend
[at noodls] - Jul 30, 2015 DALLAS , July 30, 2015 /PRNewswire / -- Southwest Airlines' (NYSE: LUV) Board of Directors declared a quarterly dividend of $.075 per share to Shareholders of record at the close of business ...
read full: http://www.noodls.com/view/015674C4262C5A903F363F5EC179AB2FB1D44C41
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Thu, 30 Jul 2015 18:32:00 GMT ~ Southwest Airlines Declares 156th Consecutive Quarterly Dividend
[PR Newswire] - DALLAS, July 30, 2015 /PRNewswire/ -- Southwest Airlines' (NYSE: LUV) Board of Directors declared a quarterly dividend of $.075 per share to Shareholders of record at the close of business on August 20, ...
read full: http://finance.yahoo.com/news/southwest-airlines-declares-156th-consecutive-183200793.html
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$LUV charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$LUV company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/LUV/company-info
Ticker: $LUV
OTC Market Place: Not Available
CIK code: 0000092380
Company name: Southwest Airlines Co.
Incorporated In: TX, USA
$LUV share structure
## source: otcmarkets.com
Market Value: $24,265,850,454 a/o Jul 30, 2015
Shares Outstanding: 668,296,625 a/o Apr 28, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: 1
$LUV extra dd links
Company name: Southwest Airlines Co.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/LUV/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/LUV/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=LUV+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=LUV+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=LUV+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/LUV/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/LUV/news - http://finance.yahoo.com/q/h?s=LUV+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/LUV/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/LUV/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/LUV/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/LUV/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/LUV/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/LUV/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/LUV/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/LUV/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=LUV+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/LUV
DTCC (dtcc.com): http://search2.dtcc.com/?q=Southwest+Airlines+Co.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Southwest+Airlines+Co.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Southwest+Airlines+Co.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/LUV/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/LUV
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/LUV/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/LUV/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/LUV/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000092380&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/LUV/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/LUV/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/LUV/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/LUV/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=LUV&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=LUV
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/LUV/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=LUV+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=LUV+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=LUV
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=LUV
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=LUV+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/LUV/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=LUV+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/LUV.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=LUV
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/LUV/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/LUV/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/LUV/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/LUV/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/LUV
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/LUV
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/LUV:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=LUV
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=LUV
$LUV DD Notes ~ http://www.ddnotesmaker.com/LUV
Dang - Text book profit taker pull back. $36's new bottom - Goodbye 33's/34's. I think she's gonna run to $40 by end of next week.
AGREED!!!!!
Southwest Airlines Earnings Up, Helped by Lower Fuel Prices
Source: Dow Jones News
Southwest Airlines Co.'s earnings increased 31% in the June quarter, topping analysts' views, as the airline continued to benefit from lower fuel and operating costs.
Traffic during the quarter increased 7.9% and capacity rose 7%. The portion of seats filled, or load factor, increased 0.7 percentage points.
"Our second quarter 2015 operating unit revenue performance was impacted by challenging year-over-year comparisons, longer average stage length, higher average seats per trip, and a softer yield environment," said Chief Executive Gary C. Kelly.
The sharp drop in oil prices has been generally favorable to airlines. Though some airlines are less affected due to agreements called fuel hedges, Southwest is exposed to 80% of the fall in oil prices.
Fuel savings were nearly $500 million, which led to a 12% reduction in unit costs in the June quarter, the company said. Fuel costs were $2.02 per gallon, compared with $3.02 per gallon the year before. For the current quarter, the company expects fuel costs of $2.20, down from $2.94 in the year-ago period.
However, Southwest's revenue per available seat mile, a key measure of performance for the airline industry, fell 4.6% from a year earlier, driven mostly by a decline in passenger revenue yields.
Overall, Southwest reported a profit of $608 million, or 90 cents a share, up from $465 million, or 67 cents a share, a year earlier. Excluding certain items, earnings were $1.03 a share, up from 70 cents.
Revenue increased to to $5.11 billion from $5.01 billion a year earlier.
Analysts polled by Thomson Reuters had called for earnings of $1.02 a share on revenue of $5.14 billion.
Separately, Southwest said it plans to repurchase an additional $500 million of common stock under an accelerated share repurchase program soon. This would bring the total repurchases this year to nearly $1.2 billion.
Added to my position here with AAL fluff.
Webcast Alert: Southwest Airlines to Discuss Second Quarter 2015 Financial Results on July 23, 2015
Source: PR Newswire (US)
DALLAS, July 16, 2015 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2015 financial results. Details are as follows:
When:
Thursday, July 23, 2015 at 12:30 PM Eastern Time
Who:
Gary Kelly, Chairman of the Board, President and Chief Executive Officer
Tammy Romo, Senior Vice President Finance and Chief Financial Officer
Web Address:
http://southwest.investorroom.com/
To access the live audio webcast, click on the link above, or go to www.southwest.com and click on "Investor Relations" under the "About Southwest" menu at the bottom of the page. Upon completion of the live webcast, a replay will be available in the Investor Relations Events Calendar at http://southwest.investorroom.com/events, under Past Events.
Dude..it's unbelievable the crap that comes out. Always something different and it gets loonier every time. Like WTF how does that make sense? Lmao they want us to make less money in order for us to see higher levels.
Really???
Will Airline Stocks Only Work In High Oil?
7/15/15, 9:40 AM
Morgan Stanley's Rajeev Lalwani analyzed airline stocks under the context of lower oil prices.
In the firm's Question of the Week, Lalwani asked: "What do you prefer (A) low oil, limited capacity discipline, and higher profits or (B) high oil, increased capacity discipline, and lower profits?" The investors that Morgan Stanley polled "overwhelmingly" supported scenario B, to the tune of 76 percent of respondents.
That response, the note said, did not catch Lalwani by surprise as the group has underperformed year-to-date in the low oil environment. However, unlike investors, Lalwani said that the firm believes that "the group can do well in an environment with low oil and limited discipline, though we need the carriers to restore our confidence."
That discipline is unlikely to come from the smaller carriers, the note suggested.
"We are not surprised to see elevated supply as airlines move to capitalize on the profit opportunity, particularly the smaller carriers," the note said.
However, the firm argued that the legacy carriers can be the ones to demonstrate discipline and balance supply and demand - expecting the Q2 earnings to result in domestic capacity cuts of 1-2 percent for H2.
Oil's decline created an environment where the airlines will "achieve record profitability and return significant capital to shareholders," which Morgan Stanley "finds supportive" of long-term share prices.
Amongst the airlines, JetBlue Airways Corporation (NASDAQ: JBLU) has been the standout, gaining more than 41 percent year-to-date. That performance is even more distinguishing when comparing against its peers - all down around 20 percent on the year. Southwest Airlines Co (NYSE: LUV) dipped 20 percent since the start of the year; American Airlines Group Inc (NASDAQ: AAL) lost 22 percent; and Spirit Airlines Incorporated (NASDAQ: SAVE) shed 22 percent.
There is no catalyst. Iran deal tanking oil and airlines falling right with it. Shit is stupid.
What will be the catalyst here today?
Took a starter position $33.93. Will double down on a dip to mid $33's if need be.
Yeah it's looking good. Lower oil should help us out in the coming months as well.
Market not doing good and $33 holding here indicating bottom. IMO
I'm looking forward to continuous positive earnings and the buyback at the end of the year. We just have to be patient.
Who knows? I thought we were the best airlines. I guess someone doesn't want this to go up.
What is the deal with this stock? Completely acts opposite of news and market forces.
It is a good buy. The downgrade was total BS. An easy way to manipulate the stock down. My guess bottom is here, don't see it going much lower.
At these prices I think it's a strong buy. I thought $34 was the basement but was wrong by a buck. 12 month target was adjusted again but it's still $16 above where it's trading now. Analysts rating on Fidelity have this rated at 8.7 bullish score. Am I missing something here? Seems like a good opportunity to load up.
They want this at $28-$30....
Lol, how much more they can downgrade this!!
Barclays downgrade this morning
It does. I'm surprised it took a turn. I bought another 500 shares - these are unreal prices.
Looking like a tough target at this point! :)
$37 end of month
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In its 44th year of service, Dallas-based Southwest Airlines (NYSE: LUV) continues to differentiate itself from other air carriers with exemplary Customer Service delivered by nearly 46,000 Employees to more than 100 million Customers annually. Southwest and wholly owned subsidiary AirTran Airways operate more than 3,400 flights a day, serving 93 destinations across the United States and five additional countries. Subject to government approvals, service to San Jose, Costa Rica, begins in March 2015; service to Puerto Vallarta, Mexico, begins in June 2015; and service to Belize City begins in October 2015. Southwest acquired AirTran Airways in May 2011 and by the end of 2014 intends to complete the full integration of the AirTran network into Southwest.
Based on the U.S. Department of Transportation’s most recent data, Southwest Airlines is the nation's largest carrier in terms of originating domestic passengers boarded. The Company operates the largest fleet of Boeing aircraft in the world, a majority of which is equipped with satellite-based WiFi providing gate to gate connectivity while over the United States. That connectivity enables Customers to use their personal devices to access streaming music provided by Beats Music, or to view video on-demand movies and television shows, as well as nearly 20 channels of free, live TV compliments of DISH. Southwest is the only major U.S. airline to offer Bags Fly Free® (first and second checked pieces of luggage, size and weight limits apply), and there are never change fees, although fare differences might apply. In September 2014, the airline proudly unveiled Heart, a new aircraft livery, airport experience, and logo, showcasing the dedication of Southwest Employees to connect Customers with what’s important in their lives. Book Southwest Airlines' low fares online at Southwest.com or by phone at 800-I-FLY-SWA.
Southwest is committed to return value to its Shareholders. Since August 2011, Southwest has returned over $2 billion to Shareholders through share repurchases and dividends. For the nine months ended September 30, 2014, Southwest returned nearly $900 million to Shareholders through $755 million in share repurchases, and the distribution of $138 million in dividends. LUV is Southwest’s stock exchange symbol, selected to represent its home at Dallas Love Field, as well as the theme of Southwest’s Stakeholder relationships.
From its first flights on June 18, 1971, Southwest Airlines launched an era of unprecedented affordability in air travel described by the U.S. Department of Transportation as "The Southwest Effect," a lowering of fares and increase in passenger traffic wherever the carrier serves. With 41 consecutive years of profitability, Southwest is one of the most honored airlines in the world, known for a triple bottom line approach that contributes to the carrier's performance and productivity, the importance of its People and the communities they serve, and an overall commitment to efficiency and the planet. The 2013 Southwest Airlines One Report™ can be found at Southwest.com/citizenship.
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