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

SkyWest

27/10/2023 24:02

* SkyWest Inc  SKYW.OQ  reported quarterly adjusted earnings
of 55
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
40 cents per share.
    * Revenue fell 2.9% to $766.17 million from a year ago;
analysts
expected $756.16 million. 
    * SkyWest Inc's reported EPS for the quarter was 55 cents​.
    * The mean earnings estimate of analysts had risen by
about 278.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * SkyWest Inc shares had fallen by 9.3% this quarter and
gained 130.3% so far this year.
    * The company reported quarterly net income of $23.48
million.
    * Wall Street's median 12-month price target for SkyWest Inc
is
$47.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 11:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.40           0.55           Beat
 Jun. 30 2023      -0.45          0.35           Beat
 Mar. 31 2023      -0.56          -0.45          Beat
 Dec. 31 2022      0.08           -0.93          Missed