SkyWest (SKYW) Tops Q3 EPS by 4c

Go back to SkyWest (SKYW) Tops Q3 EPS by 4c

SkyWest, Inc. Announces Third Quarter 2017 Profit

October 25, 2017 4:01 PM EDT

ST. GEORGE, Utah, Oct. 25, 2017 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today reported financial and operating results for Q3 2017, including net income of $54 million, or $1.01 per diluted share, compared to net income of $41 million, or $0.79 per diluted share for Q3 2016. The Q3 2016 results included early lease return costs of $9 million, representing a reduction of $0.11 in diluted earnings (previously reported).  The Q3 2017 diluted earnings per share increased 28 percent from Q3 2016, or 12 percent after adjusting for the early lease charges included in the Q3 2016 results.  The improvement in net income over Q3 2016 was... More