Southwest Cuts Full-Year Adjusted EPS Outlook to $2.60–$2.85
Southwest now expects adjusted earnings per share of $2.60 to $2.85 this year, down from its earlier range of $3.25 to $4.25. The airline cited rising fuel costs weighing on margins.
Southwest Airlines lowered its outlook again, citing continued pressure from fuel costs on airline margins. The Dallas-based carrier said Wednesday it expects adjusted earnings per share of $2.60 to $2.85 this year, down from its previous forecast range of $3.25 to $4.25.