Southwest Airlines (NYSE:LUV) 2022 Full Year Results
Key financial results
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Revenue: USD 23.8 billion (up 51% from 2021).
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Net profit: USD 539 million (down 45% from 2021).
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Margin: 2.3% (down from 6.2% in 2021).
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EPS: USD 0.91 (down from USD 1.65 in 2021).
LUV operational performance
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Available Seat-Kilometers (ASK): 238.93b (12% increase from 2021).
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Passenger load factor: 83.4% (up from 78.5% in 2021).
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Operating revenue per available seat-kilometer (Oper. RASK): USD 0.10 (up from USD 0.074 in 2021).
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Total number of aircraft: 766 (44 more than FY2021).
All numbers shown in the chart above are for the last 12 months (TTM) period.
Southwest Airlines EPS disappoints
Earnings were in line with analyst estimates. Earnings per share (EPS) underperformed analyst estimates by 15%.
Revenues are projected to grow at an average annual rate of 6.4% over the next three years, compared to the 8.4% growth forecast for the US airline industry.
performance of American aviation industry.
The company’s stock is down 2.2% from a week ago.
risk analysis
The ever-present specter of investment risk must be considered. Identified four warning signs Understanding these should be part of the investment process.
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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …
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