Southwest Airlines Co. (LUV - Get Report) is expected to report net income of $576.7 million, or $1.08 a share, on sales of $5.6 billion before the market opens on Thursday, based on a FactSet survey of 18 analysts.
In the same period a year ago, the company posted earnings of $1.08 a share on sales of $5.6 billion. It reported net income of $733 million.
The stock has fallen 3.6% since the company last reported earnings on July 25.
Quarterly estimates have risen 1 cent a share in the past month.
In the upcoming quarter, analysts are forecasting net income of $582.2 million, or $1.09 a share, on sales of $5.8 billion.
Southwest Airlines is currently trading at a price-to-forward-earnings ratio of 10.8 based on the 12-month estimates of 20 analysts surveyed by FactSet.
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