LUV
Southwest Airlines Company
NYSE: LUV · INDUSTRIALS · AIRLINES
$37.22
-2.08% today
Updated 2026-04-29
Market cap
$18.19B
P/E ratio
24.81
P/S ratio
0.63x
EPS (TTM)
$1.50
Dividend yield
1.89%
52W range
$28 – $55
Volume
9.0M
Southwest Airlines Company (LUV) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
6 of 8
Last 8 quarters
Avg EPS surprise
-6.1%
Last 4 quarters
Revenue YoY growth
+12.8%
Most recent quarter
EPS YoY growth
+446.2%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+0.3%
Last 3 reports
Positive reaction rate
33%
1 of 3 quarters
Largest single-day move
+17.3%
2026-01-28
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-04-22 | $0.45 | -4.3% | $40.92 | $37.75 | -7.7% |
| 2026-01-28 | $0.58 | +1.8% | $41.34 | $48.50 | +17.3% |
| 2025-10-22 | $0.11 | +375.0% | $34.68 | $31.65 | -8.7% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2026-03-31 | $0.47 | $0.45 | -4.3% | $7.25B | +12.8% |
| 2025-12-31 | $0.57 | $0.58 | +1.8% | $7.44B | +7.4% |
| 2025-09-30 | $-0.04 | $0.11 | +375.0% | $6.95B | +1.1% |
| 2025-06-30 | $0.51 | $0.43 | -15.7% | $7.24B | -1.5% |
| 2025-03-31 | $-0.19 | $-0.13 | +31.6% | $6.43B | +1.6% |
| 2024-12-31 | $0.46 | $0.56 | +21.7% | $6.93B | +1.6% |
| 2024-09-30 | $0.04 | $0.15 | +275.0% | $6.87B | +5.3% |
| 2024-06-30 | $0.51 | $0.58 | +13.7% | $7.35B | — |
| 2024-03-31 | $-0.34 | $-0.36 | -5.9% | $6.33B | — |
| 2023-12-31 | $0.13 | $0.37 | +184.6% | $6.82B | — |
| 2023-09-30 | $0.39 | $0.38 | -2.6% | $6.53B | — |
Frequently asked questions
Has Southwest Airlines Company beaten earnings estimates?
Southwest Airlines Company has beaten Wall Street EPS estimates in 6 of its last 8 quarterly reports, with an average EPS surprise of -6.1% over the last 3 quarters.
How does LUV stock react to earnings?
LUV stock has moved an average of +0.3% in the trading day following earnings over its last 3 reports, with positive reactions in 33% of those quarters.
What is Southwest Airlines Company's revenue growth rate?
Southwest Airlines Company reported year-over-year revenue growth of +12.8% in its most recent quarter, with EPS growing +446.2% year-over-year.