Southwest Airlines (LUV) closed the most recent trading day at $38.99, moving +1.04% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.8%. Meanwhile, the Dow gained 0.43%, and the Nasdaq, a tech-heavy index, added 0.5%.LUV will be looking to display strength as it nears its next earnings release, which is expected to be October 22, 2020. The company is expected to report EPS of -$2.46, down 300% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.70 billion, down 69.83% from the year-ago period.LUV's full-year Zacks Consensus Estimates are calling for earnings of -$6.47 per share and revenue of $9.62 billion. These results would represent year-over-year changes of -251.52% and -57.12%, respectively.Investors should also note any recent changes to analyst estimates for LUV. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.73% lower. LUV is holding a Zacks Rank of #4 (Sell) right now.The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 238, which puts it in the bottom 6% of all 250+ industries.The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Southwest Airlines Co. (LUV): Free Stock Analysis Report To read this article on Zacks.com click here.