The stock has witnessed seven upward estimate revisions in the past 60 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for Southwest Airlines. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
Southwest Airlines sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is negative.
Another stock worth considering in the trans-airline industry is Alaska Air Group, Inc. (ALK), carrying the same rank as Southwest Airlines.
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