SkyWest reports Q1 EPS $2.50, consensus $2.17

Reports Q1 revenue $1.01B, consensus $992.1M. Commenting on the results, Chip Childs, President and Chief Executive Officer of SkyWest (SKYW), said, “Demand for our product remains solid, and we continue to re-invest in our fleet, creating long-term value for our customers, our people, and our shareholders. We look forward to operating the CRJ450 aircraft later this year, with a redesigned cabin that includes Wi-Fi service. The new CRJ450 aircraft further demonstrates the value our fleet flexibility provides to our customers. I want to thank our people for their good work through the challenging winter conditions of the first quarter.”