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Southwest Airlines (LUV) Earnings Date, Estimates & Call Transcripts

$27.23
-0.85 (-3.03%)
(As of 07/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 24Estimated
Actual EPS
(Jul. 25)
$0.58 Beat By $0.07
Consensus EPS
(Jul. 25)
$0.51
Skip Charts & View Estimated and Actual Earnings Data

LUV Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

LUV Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Southwest Airlines Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242($0.30)($0.10)($0.20) 
Q2 20242$0.53$0.55$0.54 
Q3 20242$0.15$0.44$0.30 
Q4 20242$0.17$0.60$0.39 
FY 20248$0.55$1.49$1.02 
Q1 20251$0.09$0.09$0.09 
Q2 20251$0.62$0.62$0.62 
Q3 20251$0.55$0.55$0.55 
Q4 20251$0.52$0.52$0.52 
FY 20254$1.78$1.78 $1.78

LUV Earnings Date and Information

Southwest Airlines last announced its quarterly earnings data on July 25th, 2024. The airline reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.07. The company earned $7.40 billion during the quarter, compared to the consensus estimate of $7.32 billion. Its quarterly revenue was up 5.2% compared to the same quarter last year. Southwest Airlines has generated $0.63 earnings per share over the last year ($0.63 diluted earnings per share) and currently has a price-to-earnings ratio of 43.2. Earnings for Southwest Airlines are expected to grow by 180.65% in the coming year, from $0.62 to $1.74 per share. Southwest Airlines has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 24th, 2024 based off prior year's report dates.

Southwest Airlines Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
10/24/2024
(Estimated)
------- 
7/25/2024Q2 2024$0.51$0.58+$0.07$0.58$7.32 billion$7.40 billion    
4/25/2024Q1 2024($0.34)($0.36)($0.02)($0.33)$6.42 billion$6.33 billion    
1/25/2024Q4 2023$0.12$0.37+$0.25$1.11$6.75 billion$6.82 billion    
10/26/2023Q3 2023$0.38$0.38-$0.45$6.56 billion$6.53 billion    
7/27/2023Q2 2023$1.08$1.09+$0.01$1.10$6.98 billion$7.04 billion    
4/27/2023Q1 2023($0.21)($0.27)($0.06)($0.27)$5.73 billion$5.70 billion    
1/26/2023Q4 2022($0.03)($0.38)($0.35)($0.39)$6.14 billion$6.17 billion    
10/27/2022Q3 2022$0.41$0.50+$0.09$0.56$6.22 billion$6.20 billion    
7/28/2022Q2 2022$1.17$1.30+$0.13$1.40$6.69 billion$6.73 billion      
4/28/2022Q1 2022($0.34)($0.32)+$0.02($0.17)$4.67 billion$4.69 billion      
1/27/2022Q4 2021$0.05$0.14+$0.09$0.17$4.99 billion$5.05 billion    
10/20/2021Q3 2021($0.27)($0.23)+$0.04($1.19)$4.58 billion$4.68 billion    
7/21/2021Q2 2021($0.23)($0.35)($0.12)($1.27)$3.94 billion$4.01 billion      
4/21/2021Q1 2021($1.85)($1.72)+$0.13($3.63)$2.02 billion$2.05 billion  
1/27/2021Q4 2020($1.68)($1.29)+$0.39($1.04)$2.11 billion$2.01 billion  
10/22/2020Q3 2020($2.35)($1.99)+$0.36($2.02)$1.71 billion$1.79 billion    
7/23/2020Q2 2020($2.53)($2.67)($0.14)($3.71)$867.19 million$1.01 billion    
4/28/2020Q1 2020($0.48)($0.15)+$0.33($0.12)$4.55 billion$4.23 billion    
1/23/2020Q4 2019$1.09$0.98($0.11)$0.98$5.74 billion$5.73 billion  
10/24/2019Q3 2019$1.08$1.23+$0.15$1.23$5.65 billion$5.64 billion  

Southwest Airlines Earnings - Frequently Asked Questions

When is Southwest Airlines's earnings date?

Southwest Airlines has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 24th, 2024 based off last year's report dates. Learn more on LUV's earnings history.

Did Southwest Airlines beat their earnings estimates last quarter?

In the previous quarter, Southwest Airlines (NYSE:LUV) reported $0.58 earnings per share (EPS) to beat the analysts' consensus estimate of $0.51 by $0.07. Learn more on analysts' earnings estimate vs. LUV's actual earnings.

How can I listen to Southwest Airlines's earnings conference call?

The conference call for Southwest Airlines's latest earnings report can be listened to online. Listen to Conference Call

How can I read Southwest Airlines's conference call transcript?

The conference call transcript for Southwest Airlines's latest earnings report can be read online. Read Transcript

How much revenue does Southwest Airlines generate each year?

Southwest Airlines (NYSE:LUV) has a recorded annual revenue of $26.09 billion.

How much profit does Southwest Airlines generate each year?

Southwest Airlines (NYSE:LUV) has a recorded net income of $465 million. LUV has generated $0.63 earnings per share over the last four quarters.

What is Southwest Airlines's price-to-earnings ratio?

Southwest Airlines (NYSE:LUV) has a trailing price-to-earnings ratio of 43.22 and a forward price-to-earnings ratio of 43.92. The price/earnings-to-growth ratio is 2.91.

What is Southwest Airlines's EPS forecast for next year?

Southwest Airlines's earnings are expected to grow from $0.62 per share to $1.74 per share in the next year, which is a 180.65% increase.


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This page (NYSE:LUV) was last updated on 7/27/2024 by MarketBeat.com Staff

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