Southwest Airlines Co. (NYSE:LUV) stock is up as the company posted its earnings for the first quarter.
The airline posted earnings-per-share of $0.66, beating the consensus estimate of $0.64. Revenue was up to $4.414 million, beating the estimate of $4.405 million.
Southwest was boosted by the integration of AirTran Airways, which operates as a wholly-owned subsidiary. The airline will aid Southwest’s financial performance this fiscal year.
Lower fuel prices should also help the company have a successful fiscal 2015.
LUV stock is up 1.8% Thursday.
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