Southwest Airlines (LUV) Expected to Post Quarterly Earnings on Wednesday

Key Points

• Southwest Airlines is expected to report Q3 2026 results after market close on Wednesday, October 21. Analysts forecast earnings of $0.572 per share and revenue of $8.25 billion; the company’s quarterly EPS guidance is $0.50–$0.75.
• In the previous quarter, Southwest reported $0.94 EPS and $8.72 billion in revenue, beating analyst estimates, while revenue increased 16.4% year over year.
• The stock opened at $40.67, down 0.2%, and analysts collectively rate it “Hold”, with an average price target of $47.45. Southwest also pays a quarterly dividend of $0.18 per share, yielding about 1.8%.

Southwest Airlines (NYSE:LUV - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of $0.5720 per share and revenue of $8.25 billion for the quarter. Southwest Airlines has set its FY 2026 guidance at 3.250-4.250 EPS and its Q3 2026 guidance at 0.500-0.750 EPS. Individuals may review the information on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 10:00 AM ET.

Southwest Airlines (NYSE:LUV - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The airline reported $0.94 EPS for the quarter, beating the consensus estimate of $0.52 by $0.42. The firm had revenue of $8.72 billion for the quarter, compared to the consensus estimate of $8.58 billion. Southwest Airlines had a net margin of 2.78% and a return on equity of 14.15%. The company's revenue was up 16.4% on a year-over-year basis. During the same period last year, the firm earned $0.43 EPS. On average, analysts expect Southwest Airlines to post $2.98 EPS for the current fiscal year and $4.84 EPS for the next fiscal year.

Southwest Airlines Stock Down 0.2%

Shares of LUV opened at $40.67 on Wednesday. The business's 50 day moving average is $41.48 and its 200 day moving average is $42.78. The company has a market capitalization of $19.89 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.16. Southwest Airlines has a 12-month low of $29.26 and a 12-month high of $55.11. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 0.54.

Southwest Airlines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 3rd were given a dividend of $0.18 per share. The ex-dividend date was Thursday, September 3rd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.8%. Southwest Airlines's dividend payout ratio is currently 44.17%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Morgan Stanley lifted their target price on Southwest Airlines from $60.00 to $65.00 and gave the stock an "overweight" rating in a report on Monday, July 6th. Barclays dropped their price target on Southwest Airlines from $65.00 to $58.00 and set an "overweight" rating for the company in a research note on Friday, September 11th. Wall Street Zen cut Southwest Airlines from a "buy" rating to a "hold" rating in a report on Saturday, September 5th. The Goldman Sachs Group lifted their price objective on Southwest Airlines from $30.00 to $35.00 and gave the stock a "sell" rating in a research note on Thursday, July 2nd. Finally, Susquehanna decreased their price objective on Southwest Airlines from $50.00 to $45.00 and set a "neutral" rating on the stock in a report on Wednesday, October 7th. Nine research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Southwest Airlines currently has an average rating of "Hold" and an average target price of $47.45.

Southwest Airlines Company Profile

Southwest Airlines Co is a U.S. commercial airline headquartered in Dallas, Texas, and listed on the New York Stock Exchange under the symbol LUV. The company was founded in 1967 and began operating scheduled passenger service in 1971, initially serving cities in Texas before expanding across the United States.

Southwest primarily provides scheduled air transportation for passengers and also offers air cargo services. Its operations are centered on a large Boeing 737 fleet, supporting frequent service between major cities and regional airports.

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