Southwest Airlines Co (NYSE:LUV) shares soared on Thursday following the release of fourth-quarter earnings and a conference call.
• Southwest Airlines stock is at critical resistance. Why are LUV shares at highs?
Mixed Q4 Results Beat EPS Expectations
The airline operator reported fourth-quarter revenue of $7.44 billion, up 7.4% year-over-year but missing the Street consensus estimate of $7.50 billion. However, Southwest beat earnings expectations with fourth-quarter EPS of 58 cents, compared to the Street estimate of 57 cents per …