SkyWest (Nasdaq: SKYW) filed its 10-K on Feb. 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), SkyWest met expectations on revenue and exceeded expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share dropped to a loss.

Margins dropped across the board.

Revenue details
SkyWest tallied revenue of $899.9 million. The eight analysts polled by S&P Capital IQ anticipated sales of $905.5 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $796.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at -$0.33. The four earnings estimates compiled by S&P Capital IQ predicted -$0.35 per share on the same basis. GAAP EPS were -$0.35 for Q4 compared to $0.66 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 13.4%, 900 basis points worse than the prior-year quarter. Operating margin was -0.4%, 800 basis points worse than the prior-year quarter. Net margin was -2.0%, 670 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $918.5 million. On the bottom line, the average EPS estimate is -$0.13.

Next year's average estimate for revenue is $3.76 billion. The average EPS estimate is $0.57.

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