SkyWest (SKYW) Tops Q3 EPS by 17c, Revenues Beat
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SkyWest, Inc. Announces Third Quarter 2018 Profit
October 30, 2018 4:01 PM EDTST. GEORGE, Utah, Oct. 30, 2018 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today reported financial and operating results for Q3 2018, including net income of $83 million, or $1.57 per diluted share, compared to net income of $54 million, or $1.01 per diluted share for Q3 2017. Q3 2018 pre-tax income of $110 million increased 27% from Q3 2017, primarily due to SkyWest's ongoing fleet transition. Since Q3 2017, SkyWest added 34 new E175 aircraft and one new CRJ900 aircraft, and removed 65 older aircraft from its fleet.
Commenting on the results, Chip Childs, Chief Executive Officer and President of SkyWest, said, "We... More
