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

SkyWest

28/04/2023 24:00

* SkyWest Inc  SKYW.OQ  reported a quarterly adjusted loss
of 45
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 56 cents per share.
    * Revenue fell 5.9% to $691.83 million from a year ago;
analysts
expected $668.62 million. 
    * SkyWest Inc's reported EPS for the quarter was a loss
of 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 907.1% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * SkyWest Inc shares had risen by 6.7% this quarter and
gained 43.3% so far this year.
    * The company reported a quarterly loss of $22.07 million.
    * Wall Street's median 12-month price target for SkyWest Inc
is
$21.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 11:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.56          -0.45          Beat
 Dec. 31 2022      0.08           -0.93          Missed
 Sep. 30 2022      0.75           0.96           Beat
 Jun. 30 2022      0.45           1.07           Beat