SkyWest (SKYW) Tops Q1 EPS by 17c, Beats on Revenues
SkyWest (NASDAQ: SKYW) reported Q1 EPS of $1.03, $0.17 better than the analyst estimate of $0.86. Revenue for the quarter came in at $783.4 million versus the consensus estimate of $770.6 million.
First Quarter Highlights:
- Net income of $54 million, or $1.03 per diluted share, up 56% from $35 million or $0.65 per diluted share in Q1 2017
- Pre-tax income of $67 million, up 28% from $52 million in Q1 2017
- Revenue of $783 million, up 5% from $747 million in Q1 2017 on improving fleet mix
For earnings history and earnings-related data on SkyWest (SKYW) click here.