SkyWest (SKYW) Projected to Post Quarterly Earnings on Thursday
by Amy Steele · The Cerbat GemSkyWest (NASDAQ:SKYW – Get Free Report) is expected to be issuing its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect the company to announce earnings of $2.18 per share and revenue of $993.06 million for the quarter. Parties are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 4:30 PM ET.
SkyWest (NASDAQ:SKYW – Get Free Report) last announced its earnings results on Thursday, January 29th. The transportation company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.04). The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $993.12 million. SkyWest had a return on equity of 16.35% and a net margin of 10.56%.The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.34 EPS. On average, analysts expect SkyWest to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.
SkyWest Trading Down 1.6%
Shares of SkyWest stock opened at $94.33 on Wednesday. The stock has a market capitalization of $3.79 billion, a P/E ratio of 9.11, a price-to-earnings-growth ratio of 1.30 and a beta of 1.63. The company has a quick ratio of 0.55, a current ratio of 0.65 and a debt-to-equity ratio of 0.67. The company has a 50-day simple moving average of $96.40 and a 200 day simple moving average of $98.95. SkyWest has a 12-month low of $83.98 and a 12-month high of $123.94.
Wall Street Analysts Forecast Growth
SKYW has been the subject of a number of recent analyst reports. Citigroup dropped their target price on shares of SkyWest from $112.00 to $101.00 and set a “neutral” rating for the company in a research report on Friday, March 20th. TD Cowen dropped their target price on shares of SkyWest from $122.00 to $106.00 and set a “buy” rating for the company in a research report on Friday, April 17th. Cantor Fitzgerald set a $122.00 target price on shares of SkyWest in a research report on Monday, January 26th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of SkyWest in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, SkyWest has an average rating of “Moderate Buy” and a consensus target price of $119.80.
View Our Latest Research Report on SkyWest
Insiders Place Their Bets
In other SkyWest news, insider Wade J. Steel sold 20,629 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $106.53, for a total value of $2,197,607.37. Following the completion of the sale, the insider owned 77,438 shares in the company, valued at approximately $8,249,470.14. This trade represents a 21.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.
Institutional Investors Weigh In On SkyWest
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. increased its position in SkyWest by 24.9% in 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 in the last quarter. Mercer Global Advisors Inc. ADV increased its position in SkyWest by 7.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 30,874 shares of the transportation company’s stock valued at $3,100,000 after acquiring an additional 2,091 shares in the last quarter. First Citizens Bank & Trust Co. increased its position in SkyWest by 3.2% in the 4th quarter. First Citizens Bank & Trust Co. now owns 7,933 shares of the transportation company’s stock valued at $797,000 after acquiring an additional 249 shares in the last quarter. State of Tennessee Department of Treasury increased its position in SkyWest by 11.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 26,179 shares of the transportation company’s stock valued at $2,527,000 after acquiring an additional 2,769 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in SkyWest in the 4th quarter valued at about $13,825,000. Institutional investors and hedge funds own 81.30% of the company’s stock.
SkyWest Company Profile
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.