Southwest Airlines projects Q2 adjusted EPS of $0.35-$0.65, Q1 revenue slightly misses
LUV sits 56% above its 52-week low of $24.07.
Summary
Southwest Airlines has issued its Q2 2026 adjusted EPS guidance, projecting a range of $0.35 to $0.65. This outlook follows the company's Q1 results, which reported operating revenue of $7.20 billion, a 12.8% year-over-year increase but a slight miss against analyst expectations of $7.26 billion. Despite the minor revenue miss, Q1 diluted EPS was $0.45, driven by strong demand for new product offerings and a significant increase in customer upgrades. The company also maintained its full-year capacity growth forecast at approximately 2%, which is at the lower end of its prior 2%-3% range. Traders will closely analyze this guidance and the Q1 performance to adjust their financial models and positioning.
At the time of this announcement, LUV was trading at $37.50 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $19.3B. The 52-week trading range was $24.07 to $55.11. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.