SkyWest (Nasdaq: SKYW) reported earnings on Feb. 14. Here are the numbers you need to know.

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

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

Margins increased across the board.

Revenue details
 SkyWest booked revenue of $810.7 million. The five analysts polled by S&P Capital IQ looked for revenue of $821.1 million on the same basis. GAAP reported sales were 9.9% lower than the prior-year quarter's $899.9 million.

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

EPS details
 EPS came in at $0.27. The five earnings estimates compiled by S&P Capital IQ predicted $0.23 per share. GAAP EPS were $0.27 for Q4 versus -$0.35 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 20.2%, 680 basis points better than the prior-year quarter. Operating margin was 5.4%, 580 basis points better than the prior-year quarter. Net margin was 1.7%, 370 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $855.4 million. On the bottom line, the average EPS estimate is $0.25.

Next year's average estimate for revenue is $3.43 billion. The average EPS estimate is $1.31.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SkyWest is hold, with an average price target of $10.33.

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