Southwest beats earnings estimates, forecasts stronger demand for rest of the year

Southwest Airlines' shares rose 3% in after-hours trading Wednesday after the airline posted a surprise quarterly profit and noted that both demand and fares are on the rise.Here's how Southwest performed in the third quarter compared with Wall Street expectations, according to consensus estimates from LSEG:Earnings per share: 11 cents adjusted vs. loss of 3 cents expectedRevenue: $6.95 billion vs. $6.92 billion expectedIn July, Southwest joined other airlines in cutting its 2025 profit forecast, which it r ...