Rat dog micro-cap picks... Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Rat dog micro-cap picks...

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Bucky Katt	4/14/2005 10:01:50 AM
	Read Replies (2) of 48461

We talked about how to run an airline and how not to in the past, how to hedge fuel etc... Southwest Airlines LUV on Thursday said first-quarter earnings nearly tripled as revenue climbed and the discount carrier's fuel hedges took the sting out of surging energy prices. The largest U.S. airline by market value reported profit of $76 million, or 9 cents a share, compared with $26 million, or 3 cents a share, a year earlier. Analysts on average were expecting earnings of 5 cents a share, according to Reuters Estimates. This was the 56th consecutive quarterly profit for Southwest. Because it is more extensively hedged against high fuel prices than any other U.S. airline, the company has been making money while larger rivals have been posting big losses. Hedging, or the purchase of contracts that lock in prearranged prices of crude and heating oil, allowed Southwest to control 86 percent of its fuel costs, cutting energy expenses by $155 million in the first quarter. Analysts expect the airline industry as a whole to post losses of about $2 billion in the first quarter, on top of nearly $10 billion last year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next