Southwest Airlines Co. (LUV): Earnings Whisper?

Southwest Airlines Co. (LUV) is scheduled to report earnings results for the second quarter of fiscal 2015 today before the open. The Street is looking for revenues of $5.12 billion, a 2.19% increase from $5.01 billion in the same period a year earlier. As far as EPS is concerned, analysts expect air carrier’s year-over-year profit to increase by about 46% to $1.02. Meanwhile, ticker’s earnings whisper number calls for EPS of $1.05 on revenue of $5.14 billion.

As a quick reminder, Southwest Airlines reported 1Q/15 EPS of $0.66, $0.01 better than the Street’s consensus estimate of $0.65. Revs fell 12.17% yoy to $4.4 billion from $5.1 billion.

Southwest Airlines Co., currently valued at $23.39 billion, has a median Wall Street price target of $45.00 with a high target of $64.00.

In the past 52 weeks, shares of Dallas, Texas-based company have traded between a low of $27.42 and a high of $47.17 with the 50-day MA and 200-day MA located at $34.40 and $40.56 levels, respectively. Additionally, shares of LUV trade at a P/E ratio of 0.53 and have a Relative Strength Index (RSI) and MACD indicator of 56.42 and +0.87, respectively.

LUV currently prints a one year return of 26.34% and a year-to-date loss of around 18%.

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