Southwest Airlines (NYSE:LUV) reported its Q3 earnings results on Thursday, October 27, 2022 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Southwest Airlines beat estimated earnings by 13.64%, reporting an EPS of $0.5 versus an estimate of $0.44.
Revenue was up $1.54 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 0.08% drop in the share price the next day.
Here’s a look at Southwest Airlines’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.18 | -0.30 | 0.08 | -0.27 |
| EPS Actual | 1.30 | -0.32 | 0.14 | -0.23 |
| Revenue Estimate | 6.71B | 4.67B | 5.01B | 4.58B |
| Revenue Actual | 6.73B | 4.69B | 5.05B | 4.68B |
To track all earnings releases for Southwest Airlines visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
