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Southwest Airlines beat Q3 expectations with record $6.95B revenue and 11¢ EPS. The carrier projects all-time high Q4 revenue as it adds new fees and prepares assigned and extra-legroom seating for 2026.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Southwest Airlines reported record third quarter revenue in profit to beat both Wall Street and
00:06internal expectations, according to Barron's. Carrier posted adjusted earnings of 11 cents
00:11per share on revenue of $6.95 billion. Carrier forecasted all-time quarterly record operating
00:17revenues for the fourth quarter, expects meaningful margin expansion,
00:20ended by higher ancillary revenue, reduced seating and baggage fees.
00:24CEO Bob Jordan said the airline is undergoing the most significant transformation in its history,
00:28putting a side and extra legroom seating beginning January 2026.
00:33Southwest stock has fluctuated throughout the year, impacted by new revenue measures such as
00:37baggage fees and assigned seating. Chairs fell after Trump's tariff announcement and weak
00:41second quarter results, but remain up 2.4% year to date. For all things money, visit Benzinga.com.
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