Southwest Airlines swings to a profit as fuel costs drop - MarketWatch

1. Southwest Airlines reported Q4 profit of 42 cents per share. 2. Adjusted profit of 56 cents exceeded consensus estimates by 10 cents. 3. Revenue totaled $6.93 billion, below analyst expectations of $6.96 billion. 4. Operating expenses fell 7.9% due to a nearly 26% drop in fuel costs. 5. Southwest stock declined 2.7% in premarket trading.