SkyWest Inc reports results for the quarter ended in June - Earnings Summary

SkyWest

28/07/2023 24:01

* SkyWest Inc  SKYW.OQ  reported quarterly adjusted earnings
of 35
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 45 cents per share.
    * Revenue fell 9.2% to $725.64 million from a year ago;
analysts
expected $717.66 million. 
    * SkyWest Inc's reported EPS for the quarter was 35 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * SkyWest Inc shares had fallen by 1.3% this quarter and
gained 143.5% so far this year.
    * The company reported quarterly net income of $15.42
million.
    * Wall Street's median 12-month price target for SkyWest Inc
is
$24.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 11:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.45          0.35           Beat
 Mar. 31 2023      -0.56          -0.45          Beat
 Dec. 31 2022      0.08           -0.93          Missed
 Sep. 30 2022      0.75           0.96           Beat