Southwest Airlines (NYSE: LUV) reported Q2 EPS of $0.39, $0.12 worse than the analyst estimate of $0.51. Revenue for the quarter came in at $7.24 billion versus the consensus estimate of $7.29 billion.

• Maintaining targets of $1.8 billion full year 2025 and $4.3 billion full year 2026 incremental earnings before interest and taxes, excluding special items ("EBIT"2) contribution from slate of initiatives
• While early, recent industry demand shows signs of improvement off of depressed second quarter 2025 levels, which combined with moderated capacity across the industry and Southwest-specific initiatives, creates a constructive backdrop for the second half of the year
• Providing updated full year 2025 guidance for EBIT2 in the range of $600 million to $800 million
• Board of Directors authorized a new $2.0 billion share repurchase program expected to be completed over a period of up to two years

For earnings history and earnings-related data on Southwest Airlines (LUV) click here.