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Southwest Airlines Co. (LUV) Stock Up on Earnings Beat

Southwest Airlines Co. (NYSE:LUV) stock is up as the company posted its earnings for the first quarter.

Southwest Airlines Co.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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Article printed from InvestorPlace Media, https://investorplace.com/2015/04/southwest-airlines-co-luv-stock-2/.

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