Southwest Airlines Stock Underperforms as Carrier Prepares to Report First Quarter Loss
• Southwest Airlines (LUV) stock fell 1.67% while broader market was down 0.19%-0.54% • LUV stock has declined 11.59% over the past month, underperforming its sector and S&P 500 • LUV expected to report Q1 earnings of -$0.05 per share and $6.46B revenue on April 25th • For full year, LUV earnings and revenue expected to grow 18.47% and 9.59% respectively • LUV given Zacks Rank #3 (Hold); transportation airline industry ranked in top 33% out of 250+ industries