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Southwest Airlines cuts 2026 profit forecast on higher fuel

Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices, though CEO Bob Jordan said travelers keep booking despite higher fares. The carrier now expects adjusted earnings of $2.60 to $2.85 per share this year, down from its July forecast of $3.25 to as much as $4.25. In the third quarter, adjusted EPS was 66 cents versus 58 cents expected, and adjusted revenue was $8.42 billion against $8.25 billion. It forecasts fourth-quarter EPS of 55 to 80 cents and unit revenue up as much as 21% from a year earlier. Its average fare rose almost 27% to $231.69, while revenue passengers fell 3.2% to 33.47 million.

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MarketVietnam stocks
ExchangeHOSE
SectorTravel & Leisure
IndustryAirlines
Market cap98,444 bn VND
P/E45.2
P/B3.74
Close on 10/21/2026128.00
Change that session+0.47%
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