SkyWest (SKYW) Scheduled to Post Quarterly Earnings on Thursday

SkyWest (NASDAQ:SKYW - Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $1.92 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

SkyWest (NASDAQ:SKYW - Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The transportation company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.09. SkyWest had a net margin of 5.55% and a return on equity of 8.18%. The firm had revenue of $867.10 million during the quarter, compared to the consensus estimate of $826.56 million. During the same quarter in the previous year, the firm posted $0.35 earnings per share. The company's revenue was up 19.5% on a year-over-year basis. On average, analysts expect SkyWest to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

SkyWest Trading Down 0.3 %

Shares of SkyWest stock traded down $0.32 on Thursday, hitting $93.00. 235,992 shares of the company traded hands, compared to its average volume of 404,620. The stock's 50 day moving average price is $81.81 and its 200-day moving average price is $78.54. The company has a current ratio of 0.84, a quick ratio of 0.74 and a debt-to-equity ratio of 1.02. SkyWest has a 52 week low of $37.21 and a 52 week high of $96.82. The company has a market cap of $3.73 billion, a PE ratio of 22.01 and a beta of 1.95.

About SkyWest

SkyWest, Inc is the holding company for two scheduled passenger airline operations and an aircraft leasing company. SkyWest's airline companies provide commercial air service in cities throughout North America with nearly 3,000 daily flights carrying more than 53 million passengers annually. SkyWest Airlines operates through partnerships with United Airlines, Delta Air Lines, American Airlines and Alaska Airlines.