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SkyWest Inc reports results for the quarter ended June 30 - Earnings Summary

SkyWest Inc SKYW.OQ reported quarterly adjusted earnings of $2.91​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.82.  The mean expectation of five analysts for the quarter was for earnings of $2.38 per share. Wall Street expected results to range from $2.20  to $2.50 per share.

Revenue rose 19.4% to $1.04 billion from a year ago; analysts expected $980.97 million.

SkyWest Inc's reported EPS for the quarter was $2.91​.

The company reported quarterly net income of $120.27 million.

SkyWest Inc shares had risen by 10.2% this quarter and gained 13.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the airlines peer group is also "buy"

Wall Street's median 12-month price target for SkyWest Inc is $127.00, about 12.5% above its last closing price of $111.17

This summary was machine generated from LSEG data July 24 at 11:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.382.91Beat
Mar. 31 20252.042.42Beat
Dec. 31 20241.792.34Beat
Sep. 30 20241.922.16Beat

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