Southwest Airlines Co. (LUV) - Get Report is expected to report quarterly earnings of 61 cents a share on sales of $5.1 billion before the market opens Thursday, Apr. 25, based on a FactSet survey of 19 analysts.
In the same period a year ago, the company posted earnings of 75 cents a share on sales of $4.9 billion.
The stock has fallen 2.6% since the company last reported earnings on Jan. 24.
Quarterly estimates have fallen 19.4 cents a share in the past month.
Southwest Airlines is currently trading at a price-to-forward-earnings ratio of 10.9 based on the 12-month estimates of 20 analysts surveyed by FactSet.
Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.