| Report | Options implied | Actual move | Market was |
|---|---|---|---|
| April 23, 2026 | ±5.3% | -4.1% | over-priced |
| July 24, 2025 | ±2.3% | -11.2% | under-priced |
| April 25, 2025 | ±4.8% | +0.1% | over-priced |
| July 29, 2024 | ±4.8% | -3.4% | over-priced |
| April 26, 2024 | ±4.3% | -0.8% | over-priced |
| October 30, 2023 | ±4.1% | +0.8% | over-priced |
| July 28, 2023 | ±4.9% | +2.1% | over-priced |
| Quarter | EPS (dil.) | Revenue | Net income |
|---|---|---|---|
| Q1 FY2026 | $0.45 | $7.2B | $227M |
| Q4 FY2025 | — | $0 | $0 |
| Q2 FY2025 | $0.39 | $7.2B | $213M |
| Q1 FY2025 | $-0.26 | $6.4B | $-149M |
Southwest Airlines Co. (LUV) reports in 130 days, with the next report estimated for October 21, 2026. Across the last 7 reports, options priced an average ±4.4% earnings move while the stock actually moved 3.2% on average — the market has systematically over-priced LUV's earnings risk. Fundamentals into the print: EPS up 0.0% year-over-year, revenue up 0.0%. QuantLogix's live 5-factor engine currently reads LUV as a buy at 69/100.
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 →