DALLAS (AP) - Southwest is reporting second-quarter net income of $746 million.
On a per-share basis, the Dallas company reported profit of $1.23 Thursday. Earnings, adjusted for non-recurring costs, came to $1.24 per share, or 4 cents better than industry analysts had expected, according to a survey by Zacks Investment Research.
The airline posted revenue of $5.74 billion in the period, also edging out expectations.
Shares of Southwest Airlines Co. have risen 19 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 11 percent.
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