Southwest Airlines rises on surprise Q3 profit
** Shares of Southwest Airlines LUV.N rise 2.5% to $31 premarket
** LUV reports a surprise Q3 profit, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber outage in July
** Carrier posts adj. profit of $89 million vs analysts' average estimate of a loss of $12.65 million, data compiled by LSEG shows
** Q3 operating revenue up 5.3% at $6.87 billion
** Expects Q4 revenue per available seat mile, a proxy for pricing power, to be up 3.5% to 5.5%
** Up to last close, stock up 6% YTD
Reporting by Anshuman Tripathy in Bengaluru
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