SkyWest (SKYW) Tops Q2 EPS by 10c

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Go back to SkyWest (SKYW) Tops Q2 EPS by 10c

SkyWest, Inc. Announces Second Quarter 2016 Profit

July 28, 2016 4:01 PM EDT

ST. GEORGE, Utah, July 28, 2016 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) today reported financial and operating results for the second quarter of 2016, including net income of $40 million or $0.77 per diluted share, up from net income of $31 million or $0.61 per diluted share in Q2 2015.  Pre-tax income for the second quarter of 2016 was $66 million compared to $53 million in Q2 2015.  

Operating income was $84 million for the second quarter of 2016, compared to $70 million in Q2 2015.  The improvement in operating income was primarily due to new aircraft added to profitable flying contracts, strong and improved operating performance at SkyWest... More