SkyWest (SKYW) Expected to Post Quarterly Earnings on Thursday

SkyWest (NASDAQ:SKYWGet Free Report) is projected to post its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect SkyWest to post earnings of $2.53 per share and revenue of $1.1121 billion for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 4:30 PM ET.

SkyWest (NASDAQ:SKYWGet Free Report) last announced its earnings results on Thursday, April 23rd. The transportation company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.35. SkyWest had a return on equity of 15.55% and a net margin of 10.42%.The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $993.06 million. During the same quarter in the prior year, the company earned $2.42 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, analysts expect SkyWest to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

SkyWest Stock Up 2.2%

Shares of NASDAQ SKYW opened at $99.34 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.51 and a debt-to-equity ratio of 0.66. SkyWest has a 12 month low of $77.89 and a 12 month high of $123.94. The firm has a market capitalization of $3.94 billion, a PE ratio of 9.52, a price-to-earnings-growth ratio of 1.41 and a beta of 1.45. The firm has a fifty day simple moving average of $90.91 and a two-hundred day simple moving average of $94.49.

Hedge Funds Weigh In On SkyWest

A number of hedge funds have recently bought and sold shares of SKYW. Invesco Ltd. boosted its holdings in shares of SkyWest by 24.9% during the 4th quarter. Invesco Ltd. now owns 498,590 shares of the transportation company’s stock valued at $50,063,000 after acquiring an additional 99,387 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in SkyWest by 7.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,874 shares of the transportation company’s stock valued at $3,100,000 after purchasing an additional 2,091 shares during the period. First Citizens Bank & Trust Co. lifted its position in SkyWest by 3.2% during the fourth quarter. First Citizens Bank & Trust Co. now owns 7,933 shares of the transportation company’s stock valued at $797,000 after purchasing an additional 249 shares during the period. State of Tennessee Department of Treasury lifted its position in SkyWest by 11.8% during the fourth quarter. State of Tennessee Department of Treasury now owns 26,179 shares of the transportation company’s stock valued at $2,527,000 after purchasing an additional 2,769 shares during the period. Finally, EP Wealth Advisors LLC purchased a new stake in SkyWest in the fourth quarter worth approximately $13,825,000. Hedge funds and other institutional investors own 81.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings raised shares of SkyWest from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday. TD Cowen raised their price target on SkyWest from $98.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. The Goldman Sachs Group lowered SkyWest from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $126.00 to $115.00 in a research report on Thursday, July 2nd. Finally, Citigroup upped their price target on shares of SkyWest from $95.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $121.17.

View Our Latest Analysis on SkyWest

About SkyWest

(Get Free Report)

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.

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Earnings History for SkyWest (NASDAQ:SKYW)

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