BUZZ-Southwest Airlines shares fall on annual forecast cut

الخطوط الجوية ساوثويست إيرلاينز كو

Southwest Airlines Co.

LUV

0.00

** Southwest Airlines LUV.N shares down ~2% in extended trading

** Texas-based carrier forecasts annual adjusted profit between $3.25 and $4.25 per share, compared with at least $4 earlier, amid elevated fuel costs

** Analysts expect 2026 profit of $3.17 per share - data compiled by LSEG

** LUV also forecasts Q3 adjusted earnings of 50 cents to 75 cents per share, below analysts' estimate of 82 cents

** Jet fuel price shock adds nearly $900 million in additional expenses for company in Q2, chipping away $1.17 of adjusted profit per share