Dallas, Texas-based Southwest Airlines Co. (LUV) is a passenger airline company offering scheduled air transportation services in the U.S. and near-international markets. Valued at $20.4 billion by market cap, the company offers inflight entertainment, the Rapid Rewards loyalty program, digital platforms like SWABIZ for business travel, and extra services including Southwest's EarlyBird Check-In, upgraded boarding, and pet and unaccompanied minor transportation. The airline giant is expected to announce its fiscal third-quarter earnings for 2026 after the market closes on Wednesday, Oct. 21.
Ahead of the event, analysts expect Southwest Airlines to report a profit of $0.61 per share on a diluted basis, up 454.6% from $0.11 per share in the year-ago quarter. The company has surpassed or met Wall Street’s EPS estimates in its last four quarterly reports.