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SkyWest Inc (SKYW)
:SKYW
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.39Last Year’s EPS
1.82Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 24, 2025
|% Change Since: 15.23%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Positive
SkyWest, Inc. demonstrated strong financial performance and continued expansion through strategic fleet agreements and increased block hour production. However, they face challenges from macroeconomic uncertainties and operational issues in maintenance and delivery delays. Despite these challenges, the overall outlook remains positive with strong cash flow management and strategic partnerships.Company Guidance
During the SkyWest, Inc. First Quarter 2025 Results Call, the company reported a net income of $101 million, translating to $2.42 per diluted share. The total revenue for Q1 2025 was $948 million, marking an 18% increase from the $804 million reported in Q1 2024. SkyWest completed over 30,000 more flights compared to the same quarter last year, achieving a 99.9% adjusted completion rate. The company expects block hour production to rise by 12% to 13% in 2025 over 2024, with earnings per share projected to increase by 18% to 19%. SkyWest plans to invest $575 to $600 million in capital expenditures for 2025, including the acquisition of eight new E175 aircraft. Additionally, the company ended Q1 with $751 million in cash, down from $802 million in the previous quarter, while reducing debt to $2.6 billion.Strong Financial Performance
SkyWest, Inc. reported net income of $101 million or $2.42 per diluted share for the first quarter of 2025. Total Q1 revenue was $948 million, up 18% from $804 million in Q1 2024.
Increased Block Hour Production
Block hour production is expected to be up about 12% to 13% this year compared to 2024, driven by fleet utilization and strong demand.
Fleet Expansion and Agreements
SkyWest completed agreements with United for 50 CRJ 550s and extended a multiyear flying agreement with American for 74 CRJ 700s. They also expect delivery of 16 new E175s by the end of 2026.
SkyWest Charter Approval
Received Department of Transportation's tentative approval for SkyWest Charter's Part 380 scheduled service authorization, highlighting potential new revenue streams in underserved communities.
Strong Cash Flow and Debt Reduction
Generated over $140 million in free cash flow in 2025, with plans to repay over $400 million in debt. Cash position remains strong at $751 million.
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SKYW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SKYW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 24, 2025 | $89.10 | $87.92 | -1.32% |
Jan 30, 2025 | $116.76 | $120.92 | +3.56% |
Oct 31, 2024 | $95.20 | $101.33 | +6.44% |
Jul 25, 2024 | $84.48 | $76.74 | -9.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SkyWest Inc (SKYW) report earnings?
SkyWest Inc (SKYW) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is SkyWest Inc (SKYW) earnings time?
SkyWest Inc (SKYW) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SKYW EPS forecast?
SKYW EPS forecast for the fiscal quarter 2025 (Q2) is 2.39.
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