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Old 07-29-2010, 10:28 PM
  #23  
Carl Spackler
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Joined APC: Apr 2008
Position: 747-400 Captain
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I certainly don't hate SWA, but 2nd quarter performance was not good. $112 million net profit on 3.2 billion in revenue equals a margin of 3.5%. UAL and DAL margins were 5.7%. 15 Cents per share is also not great. It means SWA has way too many shares outstanding. They need to stop handing those shares out like candy.

While these earnings weren't great, SWA has relatively low debt and 3.4 Billion in unrestricted cash. That comes from being a well run company for a long time.

Carl
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