Southwest reports Q3 adjusted EPS 11c, consensus 1c

Reports Q3 revenue $6.95B, consensus $6.93B. Bob Jordan, President, Chief Executive Officer, & Vice Chairman of the Board of Directors, stated, “We continue to make substantial progress as we execute the most significant transformation in Southwest (LUV) Airlines’ history. We quickly implemented many new product attributes and enhancements, and the results are showing-we delivered a profitable quarter, with both unit revenues and unit costs performing better-than-anticipated, are reaffirming our full year 2025 EBIT2 guidance, and expect meaningful margin expansion in the fourth quarter. We continue to deliver a strong operational performance and are currently in first place year-to-date based on our calculations of the Wall Street Journal’s airline rankings, an important indicator of success from the continued investment in our operation. These significant accomplishments reflect the strength of our plan, the quality of our execution, and the dedication of our Team.”