2022-05-26 10:53:13 LUV Southwest
05/26/22 05/2610:53 05/26/2210:53 | Southwest raises Q2 operating revenue growth viewSouthwest Airlines noted in a regulatory filing earlier ahead of its presentation at the Wolfe Global Transportation & Industrials Conference that the company was providing updated guidance regarding selected financial trends. "The company continues to experience strong load factors and an acceleration in bookings for summer travel. The improvement in the company's second quarter 2022 operating revenue guidance is primarily attributable to continued passenger yield strength, which has more than offset the increase in its second quarter 2022 fuel price projection. Barring any unforeseen events and based on current trends, the company expects solid profits and operating margins, excluding special items, in second quarter 2022 and for the remainder of this year," Southwest stated. The company now estimates Q2 operating revenue compared with 2019 to be up 12% to 15%, raised from a previous estimation of up 8% to 12%. The company now sees available seat miles, ASMs, or capacity, compared with 2019 to be down about 7% in Q2, versus a prior estimate of unchanged. |
|
---|
Hot Stocks
|
Telus investing $23B across Ontario from 2022 to 2026 »
06:12 07/05/22 07/0506:12 07/05/2206:12
TU
Telus
TELUS announced today the… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Symbotic initiated with a Buy at Needham »
06:12 07/05/22 07/0506:12 07/05/2206:12
SYM
Symbotic
Needham analyst James… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Warner Music price target lowered to $33 from $37 at Barclays »
06:12 07/05/22 07/0506:12 07/05/2206:12
WMG
Warner Music
Barclays analyst Kannan… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Cowen acquisition could be accretive to TD, says Piper Sandler »
06:11 07/05/22 07/0506:11 07/05/2206:11
COWN
Cowen Group
Toronto-Dominion
Piper Sandler analyst… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Armada Hoffler completes $24M retail sale at 4% exit cap rate »
06:10 07/05/22 07/0506:10 07/05/2206:10
AHH
Armada Hoffler
Armada Hoffler announced… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
New Fortress Energy signs partnership agreement with Pemex »
06:10 07/05/22 07/0506:10 07/05/2206:10
NFE
New Fortress Energy
New Fortress Energy… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Healthcare Trust reports highest levels of new leases »
06:09 07/05/22 07/0506:09 07/05/2206:09
HTA
Healthcare Trust
Healthcare Trust signed… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Green Mobility Holding to delist Europcar Mobility Group »
06:09 07/05/22 07/0506:09 07/05/2206:09
EURMF
Europcar Mobility
Volkswagen
Green Mobility Holding… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
New Fortress Energy announces agreeement in Mexico with the CFE »
06:07 07/05/22 07/0506:07 07/05/2206:07
NFE
New Fortress Energy
New Fortress Energy (NFE)… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Sernova initiated with a Buy at H.C. Wainwright »
06:07 07/05/22 07/0506:07 07/05/2206:07
SEOVF
Sernova
H.C. Wainwright analyst… Story temporarily locked. |
Hot Stocks
|
CareTrust REIT participates in senior secured real estate financing »
06:06 07/05/22 07/0506:06 07/05/2206:06
CTRE
CareTrust REIT
CareTrust REIT announced… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Aveanna downgraded to Hold from Buy at Truist »
06:05 07/05/22 07/0506:05 07/05/2206:05
AVAH
Aveanna
Truist analyst David… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Voyager Digital downgraded to Neutral from Buy at H.C. Wainwright »
06:05 07/05/22 07/0506:05 07/05/2206:05
VYGVF
Voyager Digital
H.C. Wainwright analyst… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
HP Inc. downgraded to In Line from Outperform at Evercore ISI »
06:05 07/05/22 07/0506:05 07/05/2206:05
HPQ
HP Inc.
Evercore ISI analyst Amit… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
New Fortress Energy and Apollo form a new joint venture in a $2B transaction »
06:05 07/05/22 07/0506:05 07/05/2206:05
NFE
New Fortress Energy
New Fortress Energy (NFE)… Story temporarily locked. ShowHide Related Items >><<
|
Hot Stocks
|
Anebulo says Phase 2 ANEB-001 clinical trial met primary endpoint »
06:04 07/05/22 07/0506:04 07/05/2206:04
ANEB
Anebulo Pharmaceuticals
Anebulo Pharmaceuticals… Story temporarily locked. ShowHide Related Items >><<
|
Recommendations
|
Tesla price target lowered to $385 from $395 at JPMorgan »
06:03 07/05/22 07/0506:03 07/05/2206:03
TSLA
Tesla
JPMorgan analyst Ryan… JPMorgan analyst Ryan Brinkman lowered the firm's price target on Tesla to $385 from $395 and keeps an Underweight rating on the shares. The analyst reduced Q2 and 2022 earnings estimates after Tesla over the weekend reported quarterly deliveries of 254,695, "materially less" than the 310,000 delivered in Q1 and the 315,000 units Brinkman forecasted at the time of its Q1 earnings in April. Lower production in Shanghai due to factors outside Tesla's control is likely the largest contributor to the production shortfall pressuring deliveries during the quarter, although there may be reason to believe that production, and Tesla's financial results, could also be impacted by "company-specific execution issues" at its new factories in Austin and Berlin, Brinkman tells investors in a research note. He cut his 2022 earnings per share estimate to $10.80 from $11.50. ShowHide Related Items >><<
|
Recommendations
|
Kohl's end of review process a 'significant' negative, says UBS »
05:59 07/05/22 07/0505:59 07/05/2205:59
KSS
Kohl's
UBS analyst Jay Sole… Story temporarily locked. ShowHide Related Items >><<
|
Upgrade
|
AB InBev upgraded to Buy from Neutral at Citi »
05:58 07/05/22 07/0505:58 07/05/2205:58
BUD
AB InBev
Citi analyst Simon Hales… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
Shopify initiated with a Market Perform at JMP Securities »
05:51 07/05/22 07/0505:51 07/05/2205:51
SHOP
Shopify
JMP Securities analyst… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
Credit Agricole downgraded to Hold from Buy at Deutsche Bank »
05:49 07/05/22 07/0505:49 07/05/2205:49
CRARY
Credit Agricole
Deutsche Bank analyst… Story temporarily locked. ShowHide Related Items >><<
|
Upgrade
|
BNP Paribas upgraded to Buy from Hold at Deutsche Bank »
05:49 07/05/22 07/0505:49 07/05/2205:49
BNPQY
BNP Paribas
Deutsche Bank analyst… Story temporarily locked. ShowHide Related Items >><<
|
Initiation
|
888 Holdings resumed with a Buy at Deutsche Bank »
05:47 07/05/22 07/0505:47 07/05/2205:47
EIHDF
888 Holdings
Deutsche Bank analyst… Story temporarily locked. ShowHide Related Items >><<
|
Periodicals
|
UniCredit looking at Russia exit that it can reverse, Bloomberg reports »
05:46 07/05/22 07/0505:46 07/05/2205:46
UNCRY
UniCredit
UniCredit is weighing… Story temporarily locked. ShowHide Related Items >><<
|
Downgrade
|
JCDecaux downgraded to Underperform from Buy at BofA »
05:44 07/05/22 07/0505:44 07/05/2205:44
JCDXF
JCDecaux
BofA analyst Adrien de… Story temporarily locked. ShowHide Related Items >><<
|