Southwest Airlines (LUV) Earnings Analysis

Southwest Airlines (LUV) next reports earnings on 2026-10-21, consensus EPS 0.77 USD. Last quarter (2026-07-22) it beat with EPS 0.94 USD vs 0.51 USD est (+84.3%). It has beaten estimates in 6/8 recent quarters (75%). Trailing P/E 28.71.

Last updated 2026-07-23 · Source: FMP fundamentals + earnings calendar (company filings); consensus from sell-side analyst grades

When does LUV next report earnings?

Next earnings date2026-10-21
Consensus EPS estimate0.77 USD
Revenue estimate8.23B

LUV earnings history — beats and misses

Quarter (report date)EPS actualEPS est.SurpriseResult
2026-07-220.94 USD0.51 USD+84.3%Beat
2026-04-220.45 USD0.4732 USD-4.9%Miss
2026-01-280.58 USD0.568 USD+2.1%Beat
2025-10-220.11 USD-0.03683 USD+398.7%Beat
2025-07-230.43 USD0.511 USD-15.9%Miss
2025-01-300.56 USD0.4616 USD+21.3%Beat
2024-10-240.15 USD0.004 USD+3650%Beat
2024-07-250.58 USD0.51 USD+13.7%Beat

Beat rate: 6/8 (75%) over reported quarters with consensus data.

LUV valuation and analyst view

Trailing P/E28.71
Trailing EPS1.694 USD
Price / book3.32
Dividend yield1.51%
Market cap23.51B
Analyst consensusHold (19 buy / 21 hold / 5 sell)
Avg price target52.55 USD

Related research pages

Frequently asked questions

When is Southwest Airlines (LUV)'s next earnings date?

Southwest Airlines is next scheduled to report on 2026-10-21, with a consensus EPS estimate of 0.77 USD and revenue estimate of 8.23B.

Did LUV beat earnings last quarter?

In its 2026-07-22 report, LUV posted EPS of 0.94 USD versus a 0.51 USD estimate — a beat of 84.3%.

What is LUV's earnings track record?

Over the last 8 reported quarters with consensus data, LUV beat estimates 6 times (75%).

What is LUV's current P/E ratio and EPS?

LUV trades at a trailing P/E of 28.71 on trailing EPS of 1.694331983805668 USD.

What do analysts rate LUV?

Analyst consensus is "Hold" across 45 ratings (0 strong buy, 19 buy, 21 hold, 5 sell, 0 strong sell). Average 12-month price target: 52.55 USD.