SkyWest Q1 2024 GAAP EPS $1.45 Beats $1.07 Estimate, Sales $803.614M Beat $800.150M Estimate
Portfolio Pulse from Benzinga Newsdesk
SkyWest (NASDAQ:SKYW) reported Q1 2024 earnings of $1.45 per share, surpassing the $1.07 estimate, marking a 422.22% increase from last year's losses. Sales reached $803.614M, exceeding estimates by 0.43% and showing a 16.16% year-over-year growth.
April 25, 2024 | 8:07 pm
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SkyWest reported a significant beat on both earnings and sales for Q1 2024, with earnings per share at $1.45 and sales of $803.614M.
SkyWest's substantial earnings and sales beat, coupled with a significant year-over-year growth, indicates strong operational performance and market confidence. This is likely to positively impact investor sentiment and the stock price in the short term.
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