$43.77
1.343.16%
Last update: Nov 2, 9:28 AM
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 October 21, 2026 for Q4 2026. The company guided earnings per share in the range of $0.55 - $0.8, compared to a consensus EPS estimate of $0.88.
Compared to prior guidance, Southwest Airlines lowered its EPS outlook from a previous range of $2.6 - $2.85.
Southwest Airlines has issued 7 guidance updates between January 26, 2023 and October 21, 2026. During this period, the company raised its outlook 2 times and lowered it 2 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.58 | $0.49 | $0.46 | $0.57 |
| Actual | $0.66 | $0.94 | $0.45 | $0.58 |
| Surprise | +13.8% | +91.8% | -2.17% | +1.75% |
| Revenue | ||||
| Estimate | $8.25B | $8.57B | $7.25B | $7.51B |
| Actual | $8.42B | $8.43B | $7.25B | $7.44B |
| Surprise | +2.12% | -1.63% | -0.06% | -0.95% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.70 | $0.41 | $1.28 | $1.17 |
| Revenue | ||||
| Consensus | $9.17B | $8.29B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 21, 2026 | $0.66 | $0.58 | 13.8 % |
| 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 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 21, 2026 | $8.42B | $8.25B | 2.12 % |
| 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 % |
