Southwest Airlines Q3 Non-GAAP Net Income Falls, Operating Revenue Rises

Southwest Airlines (LUV) reported Q3 non-GAAP net income Thursday of $0.38 per diluted share, down from $0.50 a year earlier.

Analysts polled by Capital IQ expected $0.39.

Operating revenue for the quarter ended Sept. 30 was $6.53 billion, up from $6.22 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.57 billion.

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