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00:02Southwest Airlines reported first-quarter earnings of $0.45 per share on $7.25 billion in revenue,
00:09missing analyst estimates of $0.47 per share and $7.27 billion, according to data from Benzinga Pro.
00:17Revenue rose 12.8% year-over-year and set a first-quarter record.
00:23Passenger revenue reached $6.6 billion and also set a record,
00:27up 13.4% year-over-year and a company first-quarter record.
00:32The company reported record first-quarter passenger, operating, and unit revenues.
00:37Southwest said demand for new product offerings supported results.
00:41The company guided second-quarter earnings per share to a range of $0.35 to $0.65 versus a $0
00:46.60 estimate, according to Benzinga Pro.
00:49Southwest said it will not update full-year guidance due to macroeconomic uncertainty.
00:53Shares fell 4.04% to $37.76 in after-hours trading, according to data from Benzinga Pro.
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