Southwest Airlines: Q3 Earnings Insights

 

Southwest Airlines LUV reported its Q3 earnings results on Thursday, October 21, 2021 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Southwest Airlines beat their estimated earnings by 14.81%, which surprised analysts.

Revenue was up $2,886,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $-0.03, which was followed by a 1.15% drop in the share price the next day.

Here's a look at Southwest Airlines's past performance and the resulting price change:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate -0.32 -1.85 -1.68 -2.35
EPS Actual -0.35 -1.72 -1.29 -1.99
Revenue Estimate 3.88B 2.07B 2.11B 1.70B
Revenue Actual 4.01B 2.05B 2.01B 1.79B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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LUVSouthwest Airlines Co
$25.101.41%

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