SkyWest (SKYW) to Release Quarterly Earnings on Thursday

SkyWest (NASDAQ:SKYW) will announce its earnings results after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $1.92 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

SkyWest (NASDAQ:SKYW) last announced its earnings results on Thursday, July 25th. The transportation company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.73 by $0.09. The firm had revenue of $867.10 million for the quarter, compared to the consensus estimate of $826.56 million. SkyWest had a net margin of 5.55% and a return on equity of 8.18%. The business’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 EPS. On average, analysts expect SkyWest to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SkyWest Trading Down 1.6 %

Shares of SkyWest stock opened at $93.32 on Thursday. SkyWest has a 1 year low of $37.21 and a 1 year high of $96.82. The company’s fifty day simple moving average is $81.81 and its 200-day simple moving average is $78.54. The company has a market cap of $3.76 billion, a price-to-earnings ratio of 33.69 and a beta of 1.95. The company has a current ratio of 0.84, a quick ratio of 0.74 and a debt-to-equity ratio of 1.02.

SkyWest Company Profile

SkyWest, Inc is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest’s airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines.