Southwest Airlines (LUV) Projected to Release Earnings on Wednesday

by · The Markets Daily

Southwest Airlines (NYSE:LUV – Get Free Report) is anticipated to release its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of $0.5710 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. Investors can find conference call details on the company’s upcoming Q3 2026 earnings summary 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 posted its quarterly earnings data on Wednesday, July 22nd. The airline reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.42. The firm had revenue of $8.72 billion during the quarter, compared to analysts’ expectations of $8.58 billion. Southwest Airlines had a net margin of 2.78% and a return on equity of 14.15%. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the company posted $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 Trading Down 1.8%

LUV opened at $38.77 on Tuesday. Southwest Airlines has a 1-year low of $29.26 and a 1-year high of $55.11. The stock has a market capitalization of $18.97 billion, a PE ratio of 18.99, a PEG ratio of 1.02 and a beta of 1.16. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average price of $40.90 and a two-hundred day moving average price of $42.84.

Southwest Airlines Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Thursday, September 3rd. Southwest Airlines’s dividend payout ratio is presently 44.17%.

Analyst Ratings Changes

Several research firms have recently commented on LUV. Morgan Stanley increased their price target on shares of Southwest Airlines from $60.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Weiss Ratings upgraded shares of Southwest Airlines from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 18th. Citigroup dropped their price objective on shares of Southwest Airlines from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Susquehanna reduced 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. Finally, Jefferies Financial Group upped their price objective on Southwest Airlines from $44.00 to $50.00 and gave the stock a “hold” rating in a report on Wednesday, July 1st. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Southwest Airlines presently has a consensus rating of “Hold” and a consensus price target of $47.41.

Read Our Latest Research Report on Southwest Airlines

Southwest Airlines Company Profile

(Get Free Report)

Southwest Airlines Co is a major U.S. passenger airline headquartered in Dallas, Texas. The company provides scheduled air transportation for leisure and business travelers, with service connecting cities throughout the United States and selected destinations in Mexico, the Caribbean, and Central America.

Southwest is known for its predominantly domestic network and point-to-point operating model. In addition to passenger flights, the company offers ancillary services and air cargo transportation.

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