SkyWest, Inc. (SKYW) is Attracting Investor Attention: Here is What You Should Know

Core Viewpoint - SkyWest has shown a strong stock performance with an 11.3% return over the past month, significantly outperforming the Zacks S&P 500 composite's 3.4% change, while the Zacks Transportation - Airline industry has declined by 4.8% [1] Earnings Estimates - For the current fiscal year, the consensus earnings estimate is $6.83, reflecting a remarkable increase of 787% from the previous year, with a slight change of +0.2% over the last 30 days [2] - For the current quarter, SkyWest is expected to report earnings of $1.73 per share, indicating a year-over-year change of +394.3%, with the Zacks Consensus Estimate remaining unchanged [12] - For the next fiscal year, the consensus earnings estimate is $8, representing a 17.2% increase from the prior year, with a change of +0.3% over the past month [19] Revenue Growth - SkyWest reported revenues of $803.61 million in the last quarter, marking a year-over-year increase of 16.2%, with an EPS of $1.45 compared to -$0.45 a year ago [15] - The consensus sales estimate for the current quarter is $814.4 million, indicating a year-over-year change of +12.2%. For the current and next fiscal years, the estimates are $3.36 billion and $3.7 billion, reflecting increases of +14.6% and +9.9%, respectively [21] Performance and Valuation - SkyWest has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates three times during this period [5] - The company is graded A in terms of valuation, indicating it is trading at a discount compared to its peers [6] - The Zacks Rank for SkyWest is 2 (Buy), suggesting it may outperform the broader market in the near term [9][13]