Southwest Airlines (LUV) Projected to Release Earnings on Wednesday

Southwest Airlines (NYSE:LUV) will likely be issuing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post earnings of $0.52 per share and revenue of $8.5840 billion for the quarter. Southwest Airlines has set its Q2 2026 guidance at 0.350-0.650 EPS. Investors may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

Southwest Airlines (NYSE:LUV) last announced its quarterly earnings data on Wednesday, April 22nd. The airline reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. The business had revenue of $7.25 billion for the quarter, compared to the consensus estimate of $8.46 billion. Southwest Airlines had a net margin of 2.83% and a return on equity of 10.66%. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.13) earnings per share. On average, analysts expect Southwest Airlines to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Southwest Airlines Trading Up 0.0%

Shares of LUV opened at $48.09 on Monday. Southwest Airlines has a fifty-two week low of $28.98 and a fifty-two week high of $55.11. The company has a market capitalization of $23.50 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 0.45 and a beta of 1.12. The stock has a fifty day moving average of $45.26 and a two-hundred day moving average of $44.12. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.41 and a current ratio of 0.48.

Southwest Airlines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.5%. Southwest Airlines’s dividend payout ratio is currently 46.45%.

Institutional Investors Weigh In On Southwest Airlines

Several institutional investors and hedge funds have recently modified their holdings of LUV. Invesco Ltd. boosted its holdings in Southwest Airlines by 9.2% in the 3rd quarter. Invesco Ltd. now owns 6,837,197 shares of the airline’s stock worth $218,175,000 after acquiring an additional 577,326 shares during the period. Morgan Stanley lifted its position in shares of Southwest Airlines by 4.1% during the fourth quarter. Morgan Stanley now owns 6,228,475 shares of the airline’s stock worth $257,423,000 after purchasing an additional 244,891 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in shares of Southwest Airlines by 2.9% in the third quarter. Jacobs Levy Equity Management Inc. now owns 3,625,754 shares of the airline’s stock valued at $115,698,000 after purchasing an additional 101,236 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Southwest Airlines by 2.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,494,789 shares of the airline’s stock valued at $144,440,000 after purchasing an additional 69,543 shares during the period. Finally, Nearwater Capital Markets Ltd grew its holdings in Southwest Airlines by 75.0% during the 4th quarter. Nearwater Capital Markets Ltd now owns 2,800,000 shares of the airline’s stock valued at $115,724,000 after purchasing an additional 1,200,000 shares in the last quarter. Hedge funds and other institutional investors own 80.82% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on LUV shares. Barclays boosted their target price on shares of Southwest Airlines from $56.00 to $65.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Zacks Research raised shares of Southwest Airlines from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. 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. Wall Street Zen raised Southwest Airlines from a “hold” rating to a “buy” rating in a research report on Sunday, July 5th. Finally, Weiss Ratings cut Southwest Airlines from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Southwest Airlines presently has an average rating of “Hold” and a consensus target price of $49.58.

Southwest Airlines Company Profile

Southwest Airlines Co is a U.S.-based low-cost carrier that operates a point-to-point domestic and near-international airline network. Headquartered in Dallas, Texas, the company primarily flies Boeing 737 aircraft and offers no-frills, single-class service designed to keep fares competitive. Southwest’s operating model emphasizes high aircraft utilization, quick turnaround times and an open seating policy, allowing customers to board and select seats on a first-come, first-served basis.

Founded in 1967 by Herb Kelleher and Rollin King as Air Southwest Company, Southwest began commercial service in 1971, initially connecting Dallas, Houston and San Antonio.