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Recap: Southwest Airlines Q2 Earnings

  Southwest Airlines (NYSE:LUV) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:09

 

Southwest Airlines (NYSE:LUV) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Earnings

Southwest Airlines beat estimated earnings by 10.17%, reporting an EPS of $1.3 versus an estimate of $1.18.

Revenue was up $2.72 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 0.38% drop in the share price the next day.

Here's a look at Southwest Airlines's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.30 0.08 -0.27 -0.32
EPS Actual -0.32 0.14 -0.23 -0.35
Revenue Estimate 4.67B 5.01B 4.58B 3.88B
Revenue Actual 4.69B 5.05B 4.68B 4.01B

To track all earnings releases for Southwest Airlines VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.