LUV

Southwest Airlines Co.

42.43

USD

-1.25

-2.86%

Oct 30, 15:59 UTC -4

Closed

After-Market

42.20

-0.23

-0.53%

Southwest Airlines Co. (LUV) Earnings

LUV Earnings Reports

Positive Surprise Ratio

LUV beat 28 of 43 last estimates.

65%

Next Report

Date of Next Report

Jan 28, 2027

Estimate for Q4 26 (Revenue/ EPS)

$9.21B

$0.75

Implied change from Q3 26 (Revenue/ EPS)

+9.33%

+36.36%

Implied change from Q4 25 (Revenue/ EPS)

+23.72%

+31.58%

Southwest Airlines Co. earnings per share and revenue

On Oct 21, 2026, LUV reported earnings of 0.55 USD per share (EPS) for Q3 26, missing the estimate of 0.58 USD, resulting in a -5.43% surprise. Revenue reached 8.42 billion, compared to an expected 8.33 billion, with a 1.07% difference. The market reacted with a +5.39% price change (close before vs. close after earnings).

Looking ahead to Q4 26, -- analysts forecast an EPS of 0.75 USD, with revenue projected to reach 9.21 billion USD, implying an increase of 36.36% EPS, and increase of 9.33% in Revenue from the last quarter.

Industry Peers’ Earnings

Industry Peers' Earnings displays EPS earnings data from companies in the same industry. Click on a card to view more details.

United Airlines Holdings, Inc. Common Stock

Report Date

Oct 20, 2026 For Q3 26

Estimate

$2.59

Actual

$2.54

Surprise

-2.22%

American Airlines Group Inc.

Report Date

Oct 22, 2026 For Q3 26

Estimate

-$0.35

Actual

-$0.28

Surprise

+20.50%

Alaska Air Group, Inc.

Report Date

Oct 20, 2026 For Q3 26

Estimate

$0.28

Actual

-$0.31

Surprise

-208.16%

Skywest Inc

Report Date

Oct 29, 2026 For Q3 26

Estimate

$3.21

Actual

$3.08

Surprise

-4.31%

Frontier Group Holdings, Inc. Common Stock

Report Date

Oct 28, 2026 For Q3 26

Estimate

-$0.03

Actual

$0.18

Surprise

+680.65%

CONTROLADORA VUELA COMPANIA DE AVIACION, S.A.B. DE C.V.

Report Date

Oct 26, 2026 For Q3 26

Estimate

-$0.06

Actual

-$0.23

Surprise

-273.98%

FAQ

What were Southwest Airlines Co.'s earnings and revenue for the latest quarter Q3 2026?

For Q3 2026, Southwest Airlines Co. reported EPS of $0.55, missing estimates by -5.43%, and revenue of $8.42B, 1.07% above expectations.

How did the market react to Southwest Airlines Co.'s Q3 2026 earnings?

The stock price moved up 5.39%, changed from $39.88 before the earnings release to $42.03 the day after.

When is Southwest Airlines Co. expected to report next?

The next earning report is scheduled for Jan 28, 2027.

What are the forecasts for Southwest Airlines Co.'s next earnings report?

Based on -- analysts, Southwest Airlines Co. is expected to report EPS of $0.75 and revenue of $9.21B for Q4 2026.

Which companies are reporting earnings today?

Check FXEmpire's Earnings Calendar for today's list of reporting companies.