Southwest Airlines profit jumps 9% as passengers pick up fuel tab, but third-quarter forecast falls short

In this articleLUVFollow your favorite stocksCREATE FREE ACCOUNTSouthwest Airlines Boeing 737 airplanes park at Hobby Airport during an afternoon rainstorm on May 27, 2026 in Houston, Texas. Kevin Carter | Getty Images News | Getty ImagesSouthwest Airlines reported a more than 9% increase in second-quarter profit from the same period last year as higher fares are increasingly helping the airline cover its fuel tab.Southwest said its fuel bill rose almost $900 million in the second quarter from a year earlier.

The airline forecast third-quarter adjusted earnings of between 50 cents and 75 cents, below the 82 cents analysts expectedHere's what Southwest reported for second quarter compared with Wall Street expectations, according to consensus estimates from LSEG:Earnings per share: 94 cents adjusted. It was not immediately clear if that was comparable to expectations for 51 centsRevenue: $8.43 billion vs.

$8.58 billion expectedThis is breaking news. Check back for updates.

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