SkyWest (SKYW) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS
SkyWest (NASDAQ:SKYW) announced its earnings results on Wednesday. The company reported ($0.29) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.21) by $0.08, AnalystRatingsNetwork.com reports. The company had revenue of $816.60 million for the quarter, compared to the consensus estimate of $800.20 million.
Shares of SkyWest (NASDAQ:SKYW) opened at 9.93 on Wednesday. SkyWest has a 1-year low of $9.77 and a 1-year high of $17.29. The stock has a 50-day moving average of $11.77 and a 200-day moving average of $12.27. The company has a market cap of $507.4 million and a P/E ratio of 15.82.
SkyWest, Inc (NASDAQ:SKYW) through subsidiaries, SkyWest Airlines, Inc (SkyWest Airlines) and ExpressJet Airlines, Inc (ExpressJet) operates the regional airline in the United States.
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