The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict SkyWest's revenues will wither -10.8% and EPS will turn positive
The average estimate for revenue is $821.3 million. On the bottom line, the average EPS estimate is $0.07.
Last quarter, SkyWest logged revenue of $810.7 million. 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.
Last quarter, EPS came in at $0.27. 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.
For the preceding 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.
The full year's average estimate for revenue is $3.46 billion. The average EPS estimate is $1.24.
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.
Looking for alternatives to SkyWest? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add SkyWest to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
These 3 Stocks Have Doubled Their Dividends
Find out why these companies rewarded their shareholders.
Why Gold Fields International, SkyWest, and Applied Optoelectronics Jumped Today
The market fell, but these stocks rose. Find out why.
This Airline Stock Nearly Doubled in 2016: Now It's Overvalued
SkyWest has executed a successful turnaround over the past two years. However, investors may be a little too excited about its recent earnings growth.