Stock AnalizSouthwest Airlines (LUV) earnings for the quarter ended September 2026: EPS beats estimates
Southwest Airlines reported results for the quarter ended September 2026 on October 21, 2026. Adjusted earnings per share came in at $0.66 against the analysts’ average forecast of $0.58, a beat of 14.2%.
Revenue for the quarter was $8.42 billion, up 21.2% from $6.95 billion in the same quarter a year earlier.
The market’s verdict: the stock rose 6.0% on the first trading day after the report.
The last four quarters
Southwest Airlines has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $0.66 | $0.58 | +14.2% | +21% | +6.0% |
| Jun 2026 | $0.94 | $0.52 | +80.2% | +16% | −8.2% |
| Mar 2026 | $0.45 | $0.47 | −5.0% | +13% | −7.8% |
| Dec 2025 | $0.58 | $0.57 | +1.8% | +7% | +17.3% |
What comes next
Analysts expect EPS of $0.71 for the next quarter on average and $2.76 for the fiscal year ending December 31, 2026.
The average analyst price target is $50.01, 11% above the current price of $44.94.
Valuation and score
Southwest Airlines scores 1.4 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 21.9, and its intrinsic value under moderate assumptions is about 10% below the current market value. Full Southwest Airlines analysis with 10 years of financials
Frequently asked questions
What was Southwest Airlines’s EPS for the quarter ended September 2026?
$0.66 adjusted per share, against an analyst consensus of $0.58.
How much revenue did Southwest Airlines report?
$8.42 billion, up 21.2% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.