SkyWest Q2 EPS $0.35 Vs $1.07 Prior Year, Sales $725.64M Beat $717.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
SkyWest reported Q2 earnings of $0.35 per share, a 67.29% decrease from $1.07 per share last year. Quarterly sales were $725.64M, beating the analyst consensus estimate of $717.66M by 1.11% but representing a 9.19% decrease from $799.09M last year.
July 27, 2023 | 8:03 pm
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NEGATIVE IMPACT
SkyWest's Q2 earnings and sales decreased YoY but sales beat analyst estimates.
SkyWest's earnings decreased significantly YoY, which could negatively impact the stock price. However, the company beat sales estimates, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100