SKYW

SkyWest (SKYW) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 23, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This regional airline is expected to post quarterly earnings of $2.70 per share in its upcoming report, which represents a year-over-year change of -7.2%. Revenues are expected to be $1.11 billion, up 6.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.52% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is signific...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. SkyWest stock has delivered a very strong 144.3% gain over the past three years, yet the broader valuation checks still suggest the shares lean cheap rather than fully priced in at around US$96.88. Over the last three years, SkyWest has returned 144.3%, which puts a clear focus on whether the current price already reflects that recovery or still leaves room for further rerating. For valuation, the key potential support is how efficiently SkyWest can convert revenue into resilient cash flows. A major risk is that any pressure on demand or costs may compress margins and reduce what investors are willing to pay for the stock. SkyWest screens as undervalued on the broader checks, with the company passing 6 of 6 valuation tests. This points to a market price that still trails its assessed fundamentals. The issue now is whether that strong multi year return has already used up most of SkyWest's mispricing, or if the current valuation still leaves a margin of safety for new investors. Find out why SkyWest's -10.1% return over the last year is lagging behind its peers. The P/E ratio is a useful way to gauge what you are paying today for each dollar of SkyWest earnings. On this measure, SkyWest trades at about 8.9x earnings, which is lower than the Airlines industry average of roughly 10.1x and far below the broader peer group average of about 38.2x. The tailored fair P/E multiple for SkyWest is estimated at around 15.9x, which is materially higher than where the stock currently sits. That gap suggests the market price does not fully reflect the earnings power implied by that fair multiple, even after the strong share price performance in recent years. On the P/E test, SkyWest stock currently appears undervalued relative to both its industry and the more company specific fair multiple estimate. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for SkyWest pick up where the valuation puzzle leaves off by spelling out which assumptions about SkyWest's future growth, margins and earnings would need to hold for the stock to be worth materially more or less than today's price, and they sit within the stock's Community page. Rather than relying on a single multiple or model output, each one lays out...

ST. GEORGE, Utah, July 02, 2026--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) will host a live conference call and webcast after the market closes on Thursday, July 23, 2026 to discuss second quarter 2026 results. The format will include an overview of the quarterly results followed by a Q&A session. Thursday, July 23, 20262:30 p.m. Mountain Time Interested parties can access the webcast at: https://events.q4inc.com/attendee/759519720 The call-in number for US callers is 1-888-330-2455The call-in number for international callers is 1-240-789-2717The conference ID/Event Plus passcode is: 8322450 Please connect ten minutes before the scheduled hour to ensure a prompt starting time. If you have any questions, please contact Investor Relations at 435-634-3200. In addition, a digital rebroadcast of the conference call will be available after 5:30 p.m. MT on July 24, 2026 through August 6, 2026 at 9:59 p.m. MT. US callers can access the rebroadcast by dialing 1-800-770-2030; international callers can access the rebroadcast by dialing 1-609-800-9909. The conference ID is 8322450#. Your participation is welcomed and appreciated. View source version on businesswire.com: https://www.businesswire.com/news/home/20260702703144/en/ Contacts Investor [email protected] Corporate [email protected]

A month has gone by since the last earnings report for JetBlue Airways (JBLU). Shares have added about 11.6% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is JetBlue due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. JetBlue Airways Corporation reported a wider-than-expected loss in first-quarter 2026. Revenues edged past the Zacks Consensus Estimate. The company reported a loss of 87 cents per share, wider than the Zacks Consensus Estimate of a loss of 72 cents. In the year-ago quarter, JBLU reported a loss of 59 cents. Meanwhile, the operating revenues of $2.24 billion beat the Zacks Consensus Estimate by 0.2%. Total revenues jumped 4.7% year over year, with passenger revenues accounting for 91.4% of the top line and increasing 4% to $2.05 billion, while beating our model estimate of $2.03 billion. On a year-over-year basis, other revenues increased 12.5% to $192 million but missed our estimate of $206.7 million. Other Details of JBLU’s Q1 Earnings Revenues per available seat mile (RASM: a key measure of unit revenues) increased 6.5% year over year to $14.60, driven by resilient demand and solid execution in a challenging environment. Passenger revenues per available seat mile increased 5.8% year over year to 13.35 cents. The average fare at JetBlue increased 3.2% year over year to $219.5. The yield per passenger mile rose 3.9% year over year. Consolidated traffic (measured in revenue passenger miles) remained flat at $12.6 million on a year-over-year basis. Capacity (measured in available seat miles) fell 1.7% year over year. Consolidated load factor (percentage of seats filled by passengers) increased 1.5 percentage points to 82.2%. Our estimate for the load factor was 81.3%. Total operating costs (on a reported basis) inched up 6.5% year over year to $2.46 billion. Expenses on aircraft fuel increased 12.1% year over year. Other operating expenses gained 9.9% year over year. The average fuel price per gallon (including related taxes) was $2.96, up 15.2% year over year. JBLU’s operating expenses per available seat mile (CASM) increased 8.3% year over year. Excluding fuel, CASM ro...

First Quarter 2026 Summary Q1 2026 pre-tax income of $108 million, net income of $102 million, or $2.50 per diluted share As recently announced, SkyWest expects to convert its 50-seat, single-class CRJ200 aircraft to a new 41-seat, dual-class configuration ("CRJ450") SkyWest took delivery of one new E175 aircraft in Q1 2026 under a previously announced agreement with Alaska Airlines ST. GEORGE, Utah, April 23, 2026--(BUSINESS WIRE)--SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today reported financial and operating results for Q1 2026, including net income of $102 million, or $2.50 per diluted share, compared to net income of $101 million, or $2.42 per diluted share, for Q1 2025. SkyWest’s Q1 2026 net income included a discrete income tax benefit of $12 million, or $0.29 per diluted share, compared to Q1 2025. Commenting on the results, Chip Childs, President and Chief Executive Officer of SkyWest, said, "Demand for our product remains solid, and we continue to re-invest in our fleet, creating long-term value for our customers, our people, and our shareholders. We look forward to operating the CRJ450 aircraft later this year, with a redesigned cabin that includes Wi-Fi service. The new CRJ450 aircraft further demonstrates the value our fleet flexibility provides to our customers. I want to thank our people for their good work through the challenging winter conditions of the first quarter." Financial Results Revenue was $1.0 billion in Q1 2026, up $65 million, or 7%, from $948 million in Q1 2025. SkyWest’s Q1 2026 block hour production increased 3% compared to Q1 2025, which reflects higher fleet utilization year-over-year and strong demand. Operating expenses were $889 million in Q1 2026, up $80 million, or 10%, from $809 million in Q1 2025, driven by an expected increase in incremental direct operating costs associated with higher production and higher pilot training costs in Q1 2026 compared to Q1 2025. Capital and Liquidity SkyWest had $627 million in cash and marketable securities at March 31, 2026, compared to $707 million at December 31, 2025. Total debt at March 31, 2026 was $2.4 billion, flat from December 31, 2025, reflecting $116 million in principal debt payments and $118 million in new debt issued for new aircraft and engine financings during Q1 2026. Capital expenditures during Q1 2026 were $102 million for the purchase of one new E175 aircraft, spa...

This article first appeared on GuruFocus. Net Income: $102 million or $2.50 per diluted share for Q1 2026. Revenue: Total Q1 revenue of $1.01 billion, up 7% from $948 million in Q1 2025. Contract Revenue: $810 million in Q1, up from $785 million in Q1 2025. Prorate and Charter Revenue: $168 million in Q1, up $37 million from Q1 2025. Leasing and Other Revenue: $35 million in Q1, up from $32 million in Q1 2025. Deferred Revenue Recognized: $24 million in Q1, up from $13 million in Q1 2025. Cash Balance: $627 million at the end of Q1, down from $751 million at Q1 2025. Debt Reduction: $1 billion less debt than at the end of 2022. Share Repurchase: 783,000 shares bought back for $75 million in Q1. Capital Expenditures: $102 million in Q1, including the purchase of one E175. Effective Tax Rate: 6% for Q1 2026, with a full-year expectation of 23% to 24%. Block Hours: Q1 2026 block hours increased 3% compared to Q1 2025. Warning! GuruFocus has detected 3 Warning Sign with SKYW. Is SKYW fairly valued? Test your thesis with our free DCF calculator. Release Date: April 23, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. SkyWest Inc (NASDAQ:SKYW) reported a net income of $102 million or $2.50 per diluted share for Q1 2026, slightly better than the same quarter last year. The company received delivery of one E175 aircraft and expects eight more this year, enhancing its fleet capabilities. SkyWest Inc (NASDAQ:SKYW) achieved third place in on-time performance according to the Department of Transportation's full-year 2025 statistics. The company has reduced its debt by $1 billion since the end of 2022, strengthening its balance sheet. SkyWest Inc (NASDAQ:SKYW) continues to generate strong free cash flow, which is being directed towards fleet growth initiatives, debt reduction, and share repurchase. Total Q1 revenue of $1.01 billion was down slightly from $1.02 billion in Q4 2025. The company anticipates block hour production to be slightly lower this summer than previously modeled. SkyWest Inc (NASDAQ:SKYW) expects ongoing elevated fuel costs to impact its GAAP EPS for 2026, which is anticipated to be in the $11 area, slightly down from previous guidance. Cash balance decreased to $627 million from $707 million last quarter and $751 million at Q1 2025. Challenges in the third-party MRO network, including labor and...

Image source: The Motley Fool. Thursday, April 23, 2026 at 4:30 p.m. ET President & Chief Executive Officer — Russell A. Childs Chief Financial Officer — Robert J. Simmons Chief Commercial Officer — Wade Steele Chief Accounting Officer — Eric J. Woodward Need a quote from a Motley Fool analyst? Email [email protected] Operator: Thank you for standing by. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the SkyWest, Inc. First Quarter 2026 Results Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. If you would like to ask a question during this time, please press star followed by the number 1 on your telephone keypad. If you would like to withdraw your question, press star 1 again. Thank you. I would now like to turn the conference over to Rob Simmons, Chief Financial Officer. You may begin. Robert J. Simmons: Thanks, Abby, and thanks, everyone, for joining us on the call today. As Abby indicated, this is Rob Simmons, SkyWest’s Chief Financial Officer. On the call with me today are Russell A. Childs, President and Chief Executive Officer; Wade Steele, Chief Commercial Officer; and Eric J. Woodward, Chief Accounting Officer. I would like to start today by asking Eric to read the safe harbor, then I will turn the time over to Russell A. Childs for some comments. Following Russell A. Childs, I will take us through the financial results, then Wade will discuss the fleet and related flying arrangements. Following Wade, we will have the customary Q&A session with our sell-side analysts. Eric? Eric J. Woodward: We assume no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise. Actual results will likely vary and may vary materially from those anticipated, estimated, or projected for a number of reasons. Some of the factors that may cause such differences are included in our most recent Form 10-K and other reports and filings with the Securities and Exchange Commission. I will now turn the call over to Russell A. Childs. Russell A. Childs: Thank you, Rob and Eric. Good afternoon, everyone. Thank you for joining us on the call today. Today, SkyWest reported net income of $102 million or $2.50 per diluted share for 2026. This is slightly better than t...

SkyWest (SKYW) reported Q1 earnings late Thursday of $2.50 per diluted share, up from $2.42 a year e

Performance was driven by increased production and fleet utilization, despite seasonal headwinds from back-to-back March storms in key hubs. The company is pivoting toward an all dual-class fleet strategy, highlighted by the launch of the CRJ450, a reimagined 41-seat premium product for United. Strategic debt reduction remains a priority, with total debt decreased by $1 billion since the end of 2022 despite ongoing fleet acquisitions. Management attributes their resilience to a durable business model and unparalleled fleet flexibility, allowing them to adapt to shifting partner demands. Operational excellence was validated by the DOT ranking SkyWest third in on-time performance for the full year 2025. The prorate business continues to see extremely strong demand, supported by community engagement and opportunities to restore service to underserved markets. Maintenance expenses remain elevated as the company invests in bringing aircraft out of long-term storage to support growing production requirements. Full-year 2026 GAAP EPS is projected in the $11 area, a slight downward revision from previous color due to anticipated elevated fuel costs. Management expects 2026 block hour production to be slightly lower this summer than previously modeled, reflecting partner schedule adjustments and network cleanups. The company anticipates taking delivery of nine new E175s in 2026 and 16 for Delta in 2027-2028, reaching a total E175 fleet of nearly 300 by 2028. Guidance assumes approximately 40 million gallons of fuel exposure in the prorate business over the remainder of the year, partially offset by favorable pricing. Strategic focus for 2026 includes the redeployment of dual-class CRJ aircraft for scheduled service and the continued conversion of the CRJ200 fleet to the CRJ450 configuration. Q1 results included a $0.29 EPS benefit from an unusually low 6% effective tax rate due to discrete deduction timing differences. The company faces ongoing challenges in the third-party MRO network, specifically regarding labor and part shortages impacting maintenance timelines. Share repurchases accelerated in Q1 with $75 million deployed, reflecting an opportunistic approach to capital allocation amid market volatility. Contractual stability is high with no major E175 contract expirations until late 2028, following recent extensions with United and Delta. Our analysts just iden...

SkyWest (SKYW) came out with quarterly earnings of $2.21 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $2.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.79%. A quarter ago, it was expected that this regional airline would post earnings of $2.25 per share when it actually produced earnings of $2.21, delivering a surprise of -1.78%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. SkyWest, which belongs to the Zacks Transportation - Airline industry, posted revenues of $1.01 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.58%. This compares to year-ago revenues of $948.46 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. SkyWest shares have lost about 8.7% since the beginning of the year versus the S&P 500's gain of 4.3%. While SkyWest has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for SkyWest was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks he...

ST. GEORGE, Utah (AP) — ST. GEORGE, Utah (AP) — SkyWest Inc. (SKYW) on Thursday reported net income of $101.7 million in its first quarter. The St. George, Utah-based company said it had profit of $2.50 per share. Earnings, adjusted for pretax gains, came to $2.21 per share. The regional airline posted revenue of $1.01 billion in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SKYW at https://www.zacks.com/ap/SKYW

SkyWest, Inc. SKYW reported impressive first-quarter 2026 results, wherein both earnings and revenues beat the Zacks Consensus Estimate. Quarterly earnings per share of $2.21 beat the consensus mark by 2.8% but declined 8.7% year over year. Revenues of $1.01 billion beat the Zacks Consensus Estimate by 3.6% and improved 6.8% year over year. SkyWest, Inc. price-consensus-eps-surprise-chart | SkyWest, Inc. Quote Revenues from flying agreements (contributing 96.5% to the top line) rose 6.8% from the prior-year reported figure of $916 million. The airline carried 0.6% fewer passengers in the reported quarter on a year-over-year basis. Departures increased 1.1% on a year-over-year basis. The passenger load factor (percentage of seats filled by passengers) fell 0.6 points to 78%. Concurrent with its first-quarter 2026 results, SkyWest intends to convert its CRJ200 aircraft, operating for United Airlines UAL, into 41-seat, dual-class CRJ450s, with the first aircraft entering service in fall 2026. SkyWest had one E175 aircraft delivery for Alaska Airlines ALK in the first quarter of 2026. The company’s aircraft lease agreements for the E175 fleet, which supports Alaska’s capacity purchase agreement, are set to expire between 2030 and 2034. By 2028-end, SkyWest anticipates having more than 300 E175 aircraft in its fleet. As previously announced, SkyWest entered into a purchase agreement with Embraer, which secures delivery positions for 44 additional E175s from 2028 through 2032 for potential future flying opportunities. SkyWest secured purchase rights on 50 additional E175s from Embraer. Operating expenses were $889 million, up 10% year over year, owing to an expected rise in incremental direct operating costs associated with increased production in the reported quarter and higher pilot training costs. At the first-quarter end, the company had cash and marketable securities of $627 million compared with $707 million at the prior-quarter end. Long-term debt (net of current maturities) was $1.80 billion compared with $1.85 billion reported at the end of the prior quarter. Capital expenditures during the reported quarter were $102 million, which included the purchase of one new E175 aircraft, spare engines and other fixed assets. SkyWest repurchased 783,000 shares for $75 million during the first quarter of 2026. As of March 31, 2026, SkyWest had $138 million available...