Southwest Airlines (LUV) Expected to Release Quarterly Earnings on Wednesday

Southwest Airlines (NYSE:LUV) is expected to be announcing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to announce 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. Interested persons can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

Southwest Airlines (NYSE:LUV) last issued its quarterly earnings data on Wednesday, April 22nd. The airline reported $0.45 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.45. Southwest Airlines had a return on equity of 10.66% and a net margin of 2.83%.The firm had revenue of $7.25 billion during the quarter, compared to analysts’ expectations of $8.46 billion. During the same period in the prior year, the business posted ($0.13) EPS. The firm’s quarterly revenue was up 12.8% on a year-over-year basis. 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 Price Performance

LUV opened at $47.49 on Wednesday. The firm has a market capitalization of $23.21 billion, a PE ratio of 30.64, a price-to-earnings-growth ratio of 0.46 and a beta of 1.12. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.48 and a quick ratio of 0.41. The business’s 50-day moving average is $44.81 and its two-hundred day moving average is $43.96. Southwest Airlines has a 1 year low of $28.98 and a 1 year high of $55.11.

Southwest Airlines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Thursday, June 11th were given a $0.18 dividend. 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 payout ratio is presently 46.45%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LUV. Citigroup raised their target price on shares of Southwest Airlines from $44.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. TD Cowen upped their price target on Southwest Airlines from $47.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. decreased their price objective on Southwest Airlines from $58.00 to $56.00 in a report on Friday, March 27th. Zacks Research raised Southwest Airlines from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, BNP Paribas Exane raised their price objective on Southwest Airlines from $24.00 to $33.00 and gave the stock an “underperform” rating in a research report on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Southwest Airlines currently has an average rating of “Hold” and a consensus price target of $49.58.

Hedge Funds Weigh In On Southwest Airlines

Several institutional investors and hedge funds have recently modified their holdings of the stock. Nearwater Capital Markets Ltd lifted its stake in shares of Southwest Airlines by 75.0% in the fourth 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 during the period. Canada Pension Plan Investment Board increased its holdings in Southwest Airlines by 315.3% in the second quarter. Canada Pension Plan Investment Board now owns 1,247,837 shares of the airline’s stock valued at $40,480,000 after buying an additional 947,346 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of Southwest Airlines by 263.2% during the 4th quarter. Federated Hermes Inc. now owns 1,023,730 shares of the airline’s stock valued at $42,311,000 after acquiring an additional 741,839 shares during the period. Amundi lifted its position in shares of Southwest Airlines by 116.4% during the 3rd quarter. Amundi now owns 1,182,916 shares of the airline’s stock valued at $38,539,000 after acquiring an additional 636,261 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Southwest Airlines by 9.2% during the 3rd quarter. Invesco Ltd. now owns 6,837,197 shares of the airline’s stock valued at $218,175,000 after acquiring an additional 577,326 shares during the period. Institutional investors and hedge funds own 80.82% of the company’s stock.

About Southwest Airlines

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.