DALLAS (AP) — Southwest is reporting second-quarter net income of $746 million.
On a per-share basis, the Dallas company reported profit of $1.23 Thursday. Earnings, adjusted for non-recurring costs, came to $1.24 per share, or 4 cents better than industry analysts had expected, according to a survey by Zacks Investment Research.
The airline posted revenue of $5.74 billion in the period, also edging out expectations.
Shares of Southwest Airlines Co. have risen 19 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 11 percent.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LUV at https://www.zacks.com/ap/LUV
Keywords: Southwest Airlines, Earnings Report, Priority Earnings