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SkyWest reports Q1 EPS $2.42, consensus $2.05

Reports Q1 revenue $948M, consensus $946.9M. Commenting on the results, Chip Childs, President and Chief Executive Officer of SkyWest (SKYW), said, “Although the airline industry is dealing with uncertain macroeconomic factors, demand for our product remains solid. We continue to be committed to adding value to our partners’ network strategies, improving daily scheduled service to smaller communities, and deploying our capital to improve our fleet for long-term opportunities. I want to thank our teams for continuing to deliver an exceptional product through the challenging winter conditions of the first quarter.”

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