Southwest Airlines slips after trimming core profit forecast on government shutdown hit

Shares of Southwest Airlines LUV.N fall nearly 1% to about $35.5 premarket

Lowers FY2025 earnings before interest and taxes (EBIT) forecast, cites lower revenue due to U.S. government shutdown and higher fuel prices

Expects EBIT of $500 million, down from prior forecast of $600 million to $800 million

As of last close, shares down 6.5% YTD