SkyWest: 3Q Earnings Snapshot
ST. GEORGE, Utah (AP) _ SkyWest Inc. (SKYW) on Wednesday reported third-quarter net income of $91.3 million.
On a per-share basis, the St. George, Utah-based company said it had net income of $1.79.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.
The regional airline posted revenue of $760.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $754.7 million.
SkyWest shares have risen 33% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $59.21, a climb of 16% in the last 12 months.