| Report | Options implied | Actual move | Market was |
|---|---|---|---|
| 10/22/2026 | ±4.6% | +5.4% | under-priced |
| 07/23/2026 | ±2.9% | -6.2% | under-priced |
| 04/23/2026 | ±5.3% | -4.1% | over-priced |
| 02/05/2026 | ±6.3% | -0.1% | over-priced |
| 10/23/2025 | ±3.1% | -6.3% | under-priced |
| 07/24/2025 | ±2.3% | -11.2% | under-priced |
| 04/25/2025 | ±4.8% | +0.1% | over-priced |
| 02/07/2025 | ±2.5% | -0.3% | over-priced |
| Quarter | EPS (dil.) | Revenue | Net income |
|---|---|---|---|
| Q3 FY2026 | $0.55 | $8.4B | $270M |
| Q2 FY2026 | $0.47 | $8.4B | $233M |
| Q1 FY2026 | $0.45 | $7.2B | $227M |
| Q4 FY2025 | — | $7.4B | $323M |
Southwest Airlines Co. (LUV) reports in 85 days, with the next report estimated for 01/21/2027. Across the last 8 reports, options priced an average ±4.0% earnings move while the stock actually moved 4.2% on average — the market has been roughly fair on LUV's earnings risk. Fundamentals into the print: EPS up 450.0% year-over-year, revenue up 21.2%. QuantLogix's live 5-factor engine currently reads LUV as a neutral at 53/100.
Implied move is derived from at-the-money option pricing; actual moves are close-to-close on report days. Next-report dates are estimates until confirmed by the company. Educational market analysis, not investment advice. Browse all signal scorecards →