SkyWest (SKYW) Tops Q4 EPS by 4c

SkyWest (NASDAQ: SKYW) reported Q4 EPS of $0.49, $0.04 better than the analyst estimate of $0.45. Revenue for the quarter came in at $752.74 million versus the consensus estimate of $759.15 million.

Commenting on the results, Chip Childs, SkyWest, Inc. Chief Executive Officer said, "Our fourth quarter results reflect continued progress in the optimization of our fleet and flying contract mix. By the end of 2017, we anticipate over 50% of our fleet will be dual class aircraft, compared to 38% today. We are scheduled to more than double the number of E175 aircraft operating in our fleet by mid-2017. We believe our operating performance continues to create additional opportunities to improve our business model."

For earnings history and earnings-related data on SkyWest (SKYW) click here.

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