Why Southwest Airlines (LUV) Stock Fell 0.22% in 10 Minutes After Q3 Earnings on Oct 21, 2026
Adjusted EPS of $0.66 came in above the $0.58 estimate; revenue of $8.42 billion came in above the $8.25 billion estimate.
- LUV fell 0.22% in the 10 minutes after the 16:19:44 ET headline, from $40.54 to $40.45.
- 34,712 shares changed hands in those 10 minutes.
- The headline crossed in after-hours trading, 19 minutes after the 4:00 ET close.
16:19:44 ET
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +10m | +1m % | +10m % |
|---|---|---|---|---|---|---|
| LUV | 40.54 | 40.54 | 40.53 | 40.45 | -0.03% | -0.22% |
Southwest Airlines (LUV) shares fell 0.22% in the 10 minutes after its Q3 results reached the MoveSurge news feed at 16:19:44 ET on Wednesday, October 21, 2026. Adjusted EPS of $0.66 came in above the $0.58 estimate; revenue of $8.42 billion came in above the $8.25 billion estimate.
LUV in the first 10 minutes
The line that crossed at 16:19:44 ET: “LUV Q3: EPS 0.66 vs 0.58 est; revenue USD 8.42bln vs USD 8.25bln est”
From a reference price of $40.54 just before the headline, the stock was down 0.03% after one minute and down 0.22%, at $40.45, after 10 minutes. The first minute was nearly flat; the move came after it. 34,712 shares changed hands in those 10 minutes. The headline crossed in after-hours trading, 19 minutes after the 4:00 ET close.
Southwest Airlines Q3 results against estimates
| Measure | Reported | Estimate | Result |
|---|---|---|---|
| Adjusted EPS | $0.66 | $0.58 | Beat |
| Revenue | $8.42 billion | $8.25 billion | Beat |
Southwest Airlines FY26 guidance
| Measure | New range | Prior range | Estimate | Change |
|---|---|---|---|---|
| Adjusted EPS | $2.60 to $2.85 | $3.25 to $4.25 | $2.85 | Lowered |
Southwest Airlines at a glance
| Sector | Consumer Discretionary |
| Industry | Air Freight/Delivery Services |
| Market value | $19.40 billion (as of Oct 21, 2026) |
Prices are closes of 1-minute bars. Each move on this page is measured from the last completed bar before its headline.
How did Southwest Airlines stock react to its Q3 earnings on October 21, 2026?
The stock fell 0.22% in the 10 minutes after its Q3 results crossed at 16:19:44 ET. Adjusted EPS of $0.66 came in above the $0.58 estimate; revenue of $8.42 billion came in above the $8.25 billion estimate.
How far did LUV move after the headline?
From $40.54 just before the headline to $40.45 10 minutes later, a -0.22% move.
What did Southwest Airlines guide for adjusted EPS?
Adjusted EPS guidance of $2.60 to $2.85, replacing $3.25 to $4.25; the estimate was $2.85 (lowered).
Sources
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LUV headline and measured reaction, Oct 21, 2026
— MoveSurge
The headline as it crossed, its timestamp, and the measured price reaction reported on this page.
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