$41.65
0.290.69%
Last update: Oct 9, 7:00 PM
$42.19
0.832.01%
Southwest Airlines Co
LUVNYSE
Southwest Airlines (LUV) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Southwest Airlines (LUV) last issued guidance on July 22, 2026 for fiscal year 2026. The company guided earnings per share in the range of $3.25 - $4.25, compared to a consensus EPS estimate of $2.97.
Compared to prior guidance, Southwest Airlines raised its EPS outlook from a previous range of $0.5 - $0.75.
Southwest Airlines has issued 6 guidance updates between October 27, 2022 and July 22, 2026. During this period, the company raised its outlook 2 times and lowered it 1 time, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.49 | $0.46 | $0.57 | $-0.02 |
| Actual | $0.94 | $0.45 | $0.58 | $0.11 |
| Surprise | +91.8% | -2.17% | +1.75% | +650.0% |
| Revenue | ||||
| Estimate | $8.57B | $7.25B | $7.51B | $6.95B |
| Actual | $8.43B | $7.25B | $7.44B | $6.95B |
| Surprise | -1.63% | -0.06% | -0.95% | +0.01% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.58 | $1.01 | $0.75 | $1.33 |
| Revenue | ||||
| Consensus | $8.25B | $8.96B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 22, 2026 | $0.94 | $0.49 | 91.8 % |
| Q1 | Apr 22, 2026 | $0.45 | $0.46 | -2.17 % |
| Q4 | Jan 28, 2026 | $0.58 | $0.57 | 1.75 % |
| Q3 | Oct 22, 2025 | $0.11 | $-0.02 | 650.0 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Jul 22, 2026 | $8.43B | $8.57B | -1.63 % |
| Q1 | Apr 22, 2026 | $7.25B | $7.25B | -0.06 % |
| Q4 | Jan 28, 2026 | $7.44B | $7.51B | -0.95 % |
| Q3 | Oct 22, 2025 | $6.95B | $6.95B | 0.01 % |
