Southwest projects full-year 2026 adjusted EPS of $2.60 to $2.85 as it plans March 2, 2027 capital markets day (NYSE:LUV)

Southwest Airlines (LUV) reported record revenue and a 500% EPS increase in Q3 2026, but faced higher fuel costs and lower on-time performance. Q4 CASM ex is expected to rise 4-4.5%. Management discussed aircraft sales, loyalty program improvements, and 2027 plans. Revenue growth was driven by higher fares and strong demand. The company aims to improve on-time performance and expand its loyalty program. Q4 RASM is expected to be strong, with about 65% of revenue booked.

Southwest Airlines (LUV) reported Q3 2026 earnings, exceeding RASM guidance with a 21.6% YoY increase. The company highlighted investments in customer experience, including Rapid Rewards enhancements, Starlink Wi-Fi rollout, and new ICON lounges. They expect Q4 RASM to rise 19-21% YoY, with strong demand and corporate travel growth. Costs were in line with expectations, and they announced a Capital Markets Day for March 2027.

Southwest Airlines (LUV) reported record Q3 revenue of $8.4B, beating estimates, with adjusted EPS of $0.66. Unit revenue rose 21.6%, but higher fuel costs led to a cut in 2026 EPS guidance to $2.60-$2.85. Shares rose 4% despite the broader market decline. CEO Bob Jordan cited robust demand and noted 65% of Q4 revenue is already booked.

Southwest Airlines reduced its full-year adjusted earnings guidance to $2.60-$2.85 per share, citing higher fuel costs. Third-quarter fuel cost was $3.92 per gallon, with fourth-quarter estimated at $4.55. Despite this, the airline reported record Q3 revenues of $8.4 billion and net income of $270 million, with unit revenues up 21.6%.

Bank of America forecasts 168% YoY revenue growth for CoreWeave, maintaining a $140 price target. Micron's 3D tech strategy is seen as a competitive advantage. Tesla shares dipped slightly despite strong earnings and merger speculation. Meta reported 26% YoY revenue growth, beating estimates. American Airlines saw record revenue but a net loss due to fuel costs. Comcast's earnings declined amid connectivity business pressure. Spotify's revenue rose 16% YoY, driven by subscriber growth.

Southwest Airlines (LUV) reported Q3 revenue of $8.4B, up 21% YoY, with net income rising to $270M. Fuel costs surged 62% to $2.15B, but operating margin improved to 4.5%. The company forecasted 2026 EPS of $2.60-$2.85 and Q4 EPS of $0.55-$0.80. Shares rose 3.7% on the news.