Recap: SkyWest Q4 Earnings
Portfolio Pulse from Benzinga Insights
SkyWest (NASDAQ:SKYW) reported Q4 earnings with an EPS of $0.42, beating estimates by 180% and showing a significant revenue increase of $70.54 million from the previous year. This follows a pattern of beating EPS estimates in previous quarters, with a notable share price increase of 11.62% after last quarter's earnings beat.
February 01, 2024 | 9:15 pm
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SkyWest reported a significant beat on Q4 earnings with an EPS of $0.42 against estimates of $0.15 and a revenue increase of $70.54 million from last year.
SkyWest's substantial beat on both EPS and revenue, coupled with a history of outperforming estimates, suggests a positive short-term impact on its stock price. The previous quarter's performance, which led to an 11.62% increase in share price the following day, reinforces the expectation of a positive market reaction.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100