LUV earnings & options Southwest Airlines Co.
Next reportOct 21, 2026
EPS estimate0.61
Options-implied moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast.
recorded at the close before the report
Hist. avg |reaction|5.8%
Median5.4%
Largest17.3%
Implied vs actual, past reports
Definitions →Solid bars: the actual two-session reaction around each report (signed value printed below). Amber outlines: the move options priced beforehand — recorded from August 2026 onward, so older reports show the actual only.
implied (when recorded)actual reaction
Report-by-report record
| Report date | EPS act / est | Revenue act / est | Reaction | Implied | IV30 before → after |
|---|---|---|---|---|---|
| Jul 22, 2026 | 0.94 / 0.51 | 8.43B / 8.58B | -8.2% | not recorded | — |
| Apr 22, 2026 | 0.45 / 0.47 | 7.25B / 7.27B | -7.7% | not recorded | — |
| Jan 28, 2026 | 0.58 / 0.57 | 7.44B / 7.50B | +17.3% | not recorded | — |
| Oct 22, 2025 | 0.11 / -0.04 | 6.95B / 6.92B | -8.7% | not recorded | — |
| Jul 23, 2025 | 0.43 / 0.51 | 7.24B / 7.30B | -10.5% | not recorded | — |
| Apr 23, 2025 | -0.13 / -0.18 | 6.43B / 6.39B | +6.9% | not recorded | — |
| Jan 30, 2025 | 0.56 / 0.46 | 6.93B / 6.96B | -3.0% | not recorded | — |
| Oct 24, 2024 | 0.15 / 0.00 | 6.87B / 6.77B | -4.2% | not recorded | — |
| Jul 25, 2024 | 0.58 / 0.51 | 7.35B / 7.32B | +2.3% | not recorded | — |
| Apr 25, 2024 | -0.36 / -0.34 | 6.33B / 6.42B | -7.7% | not recorded | — |
| Jan 25, 2024 | 0.37 / 0.11 | 6.82B / 6.74B | -3.3% | not recorded | — |
| Oct 26, 2023 | 0.38 / 0.38 | 6.53B / 6.62B | -5.3% | not recorded | — |
| Jul 27, 2023 | 1.09 / 1.10 | 7.04B / 6.98B | -7.1% | not recorded | — |
| Apr 27, 2023 | -0.27 / -0.21 | 5.71B / 5.73B | -2.0% | not recorded | — |
| Jan 26, 2023 | -0.38 / -0.12 | 6.17B / 6.22B | -1.7% | not recorded | — |
| Oct 27, 2022 | 0.50 / 0.42 | 6.22B / 6.22B | +5.4% | not recorded | — |
Reaction = close before the report date to the close of the session after it (report timing is not published by the source; this two-session window contains the reaction either way). Implied moves are recorded live before each report from August 2026 onward — never reconstructed. Earnings data: Financial Modeling Prep.