Southwest Airlines (LUV) Tops Q4 EPS by 5c; Sees Q1 RASM Flat to Down 1%

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Southwest Airlines Reports Fourth Quarter And Record Annual Profit; 44th Consecutive Year Of Profitability

January 26, 2017 6:15 AM EST

DALLAS, Jan. 26, 2017 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its fourth quarter and annual 2016 results:

Fourth quarter net income of $522 million, or $.84 per diluted share, compared with fourth quarter 2015 net income of $536 million, or $.82 per diluted share. Excluding special items1, fourth quarter net income of $463 million, or $.75 per diluted share, compared with fourth quarter 2015 net income of $591 million, or $.90 per diluted share. This exceeded the... More