Southwest Airlines (LUV)

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Southwest Airlines Company (LUV)

shares are up nearly 4% pre-market after the company reported record net income, beating analyst expectations by $0.02.

LUV reported Q1 net income $126 million, or $0.18 per share less item, versus analyst estimates of $0.16, and improving 157% from Q1 2013

Total revenue of $4.17 billion was slightly below Cap IQ estimates of $4.2 billion, but up from $4.0 billion for the same quarter last year.

Shares of LUV last traded at $25.00 with a 52-week range of $12.58 to $24.45.

Price: 25.00, Change: +0.92, Percent Change: +3.82