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0.00476644423260248 0.0131553860819828 0.0210676835081029 0.0383222116301239 0.0581506196377502 0.0909437559580553 0.0726406101048618 0.0781696854146807
Stock impact report

Why Delta's So-So Results Are Pushing Airline Stocks Higher Today [Yahoo! Finance]

Southwest Airlines Company (LUV) 
Last southwest airlines company earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.southwest.com
Company Research Source: Yahoo! Finance
The results provided a lift to the entire sector, with carriers including Southwest Airlines (NYSE: LUV) up as much as 5.3% at the open. The stocks gave back some of those gains as the morning continued, but Southwest was still up 2% as of 11 a.m. ET. Delta and other airlines reset expectations last month, lowering guidance for the recently completed first quarter and providing a more cautious outlook for what is to come. The airline beat those lowered expectations, but warned of some downside potential to Wall Street's second-quarter consensus estimate. The airline also withdrew full-year guidance due to ongoing uncertainty. CEO Ed Bastian told investors he remains confident that the current economic disruption will not be elongated, but added that Delta is prepared if the recession scenario does play out. Why did those comments move other airlines like Southwest? Delta is regarded as one of the best-run companies in the sector and has a history of tempering expectations. With Show less Read more
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