Southwest Airlines Q3 Adjusted Earnings, Operating Revenue Rise; FY EPS Guidance Cut

05:48 PM EDT, 10/21/2026 (MT Newswires) -- Southwest Airlines (LUV) reported Q3 adjusted earnings late Wednesday of $0.66 per diluted share, up from $0.11 a year earlier. Analysts polled by FactSet expected $0.57. Operating revenue in the three months ended Sept. 30 rose to $8.42 billion from $6.95 billion a year earlier. Analysts expected $8.25 billion. The company expects Q4 adjusted EPS of $0.55 to $0.80. Analysts project $0.81. Southwest lowered its 2026 adjusted EPS guidance to $2.60 to $2.85 from its previous forecast of $3.25 to $4.25. Analysts project $2.83.