Recap: SkyWest Q4 Earnings

SkyWest (NASDAQ:SKYW) reported its Q4 earnings results on Thursday, February 1, 2024 at 04:01 PM. Here’s what investors…

SkyWest (NASDAQ:SKYW) reported its Q4 earnings results on Thursday, February 1, 2024 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

SkyWest beat estimated earnings by 180.0%, reporting an EPS of $0.42 versus an estimate of $0.15.

Revenue was up $70.54 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 11.62% increase in the share price the next day.

Here’s a look at SkyWest’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.40 -0.45 -0.56 0.08
EPS Actual 0.55 0.35 -0.45 -0.93
Revenue Estimate 756.15M 717.66M 668.62M 711.44M
Revenue Actual 766.17M 725.64M 691.83M 681.25M

To track all earnings releases for SkyWest visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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