SkyWest Inc expected to post a loss of 45 cents a share - Earnings Preview

SkyWest

26/07/2023 03:09

* SkyWest Inc  SKYW.OQ   SKYW.O  is expected to show a fall
in
quarterly revenue when it reports  results on July 27. 
    * The St George Utah-based  company is expected to report  a
10.2% decrease in revenue to $717.664 million from $799.09
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SkyWest Inc is for
a loss
of 45 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for SkyWest Inc
is
$24​, below​ its last closing price of $40.32. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.69       -0.56      -0.45     Beat    20.4
 Dec. 31 2023  0.06        0.08       -0.93     Missed  -1,234
                                                        .1
 Sep. 30 2022  0.74        0.75       0.96      Beat    28.6​
 Jun. 30 2022  0.42        0.45       1.07      Beat    139.6
 ​​Mar.        0.05        0.01       0.35      Beat    3,400
 31 2022                                                
 Dec. 31 2021  -0.05       -0.01      0.09      Beat    754.5​
 Sep. 30 2021  0.89        0.70       1.45      Beat    106.6
 Jun. 30 2021  -0.18       -0.15      1.22      Beat    887.1
 This summary was machine generated July 26 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated