Skywest Inc logo

SKYW

Skywest Inc

$101.33

Earnings Summary

Revenue
$867.12Mn
Net Profits
$75.58Mn
Net Profit Margins
8.72%
PE Ratio
22.72

Highlights

Revenue:

Skywest Inc’s revenue jumped 19.5% since last year same period to $867.12Mn in the Q2 2024. On a quarterly growth basis, Skywest Inc has generated 7.9% jump in its revenue since last 3-months.

Net Profits:

Skywest Inc’s net profit jumped 390.16% since last year same period to $75.58Mn in the Q2 2024. On a quarterly growth basis, Skywest Inc has generated 25.34% jump in its net profits since last 3-months.

Net Profit Margins:

Skywest Inc’s net profit margin jumped 310.19% since last year same period to 8.72% in the Q2 2024. On a quarterly growth basis, Skywest Inc has generated 16.16% jump in its net profit margins since last 3-months.

PE Ratio:

Skywest Inc’s price-to-earnings ratio after this Q2 2024 earnings stands at 22.72.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Skywest Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.92
EPS Estimate Current Year
1.92

Highlights

EPS Estimate Current Quarter:

Skywest Inc’s earning per share (EPS) estimates for the current quarter stand at 1.92 - a 10.98% jump from last quarter’s estimates.

EPS Estimate Current Year:

Skywest Inc’s earning per share (EPS) estimates for the current year stand at 1.92.

Key Ratios

Key ratios of the Skywest Inc post its Q2 2024 earnings

Earning Per Share (EPS)
1.82
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.08

Highlights

Earning Per Share (EPS):

Skywest Inc’s earning per share (EPS) jumped 420% since last year same period to 1.82 in the Q2 2024. This indicates that the Skywest Inc has generated 420% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Skywest Inc’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Skywest Inc’s return on equity (ROE) stands at 0.08.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-26
1.23
1.45
17.89%
2024-07-26
1.73
1.82
5.2%