🟢 Southwest Airlines is trading 5% up today after third-quarter earnings beat

Southwest Airlines is trading at $41.79, up 4.79%, after third-quarter adjusted earnings and revenue topped expectations.

• Adjusted EPS was $0.66 versus $0.58 expected; revenue reached $8.42 billion, above the $8.25 billion estimate.
• Southwest cut its full-year adjusted EPS outlook to $2.60–$2.85 from $3.25–$4.25, citing higher fuel costs.
• The JETS ETF rose 2.71%, which may also be contributing to airline-stock gains.