EveryTimeICash

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Loved (LUV Earnings Preview)

Southwest Airlines (LUV) will report its Q1 results before tomorrow's opening bell, followed by the management's conference call at 11:30 ET.

The Capital IQ consensus expects the air carrier to report a 138.6% yr/yr drop in EPS to a loss of $0.27 on an 11.7% yr/yr drop in revenue to $4.548bln.

Airlines were among the first industry groups to feel the impact of coronavirus-related closures.

TECHS:

Southwest trades at 6.9x its trailing earnings vs its peers.


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