SkyWest (SKYW) Tops Q1 Expectations on Top and Bottom Line

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. CVS

Go back to SkyWest (SKYW) Tops Q1 Expectations on Top and Bottom Line

SkyWest, Inc. Announces First Quarter 2016 Profit

April 28, 2016 4:02 PM EDT

ST. GEORGE, Utah, April 28, 2016 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) today reported financial and operating results for the first quarter of 2016, including net income of $27 million or $0.52 per diluted share, up from net income of $10 million or $0.18 per diluted share in Q1 2015.  Pre-tax income for the first quarter of 2016 was $45 million compared to $16 million in Q1 2015.  

Operating income was $62 million, or 8.1% in operating margin, for the first quarter of 2016, compared to $34 million, or 4.5% in operating margin, in Q1 2015.  The improvement in operating margin was primarily due to new aircraft added to... More