Southwest Airlines' Next Earnings Report Shows Potential Upside

Southwest Airlines Co, valued at $18.7 billion, offers scheduled air transportation in the U.S. and near-international markets. Expected to announce Q2 earnings on Jul. 24, analysts predict a profit of $0.53 per share, slightly lower than the year-ago quarter.

For the full year, analysts expect LUV to report an EPS of $1.14, up 18.8% from fiscal 2024. Its EPS is expected to rise 119.3% year over year to $2.50 in fiscal 2026. LUV stock has outperformed the S&P 500 Index’s gains by 25.5% over the past 52 weeks.

LUV shares closed up more than 3% after reporting Q1 results, beating Wall Street expectations. Analysts rate LUV stock cautiously, with a “Hold” overall. While trading above its mean price target of $29.89, the Street-high target of $42 suggests a potential upside of 24.2%.

Read more at Yahoo Finance: Here’s What to Expect From Southwest Airlines’ Next Earnings Report