SkyWest (SKYW) Ascends While Market Falls: Some Facts to Note

Company Performance - SkyWest (SKYW) closed at $85.48, reflecting a +0.45% change, outperforming the S&P 500's -0.17% on the same day [1] - Over the past month, SkyWest shares decreased by 3.7%, which is better than the Transportation sector's decline of 7.62% and the S&P 500's loss of 3.94% [1] Upcoming Earnings - SkyWest is expected to release its earnings report on April 24, 2025, with a forecasted EPS of $2.04, representing a 40.69% increase from the same quarter last year [2] - Revenue is anticipated to be $931.38 million, indicating a 15.9% increase compared to the previous year [2] Annual Forecast - For the entire year, Zacks Consensus Estimates predict earnings of $8.96 per share and revenue of $3.85 billion, reflecting increases of +15.32% and +9.23% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates for SkyWest indicate a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which incorporates these estimate changes, currently ranks SkyWest at 3 (Hold) [6] Valuation Metrics - SkyWest has a Forward P/E ratio of 9.5, which is higher than the industry average Forward P/E of 7.83 [6] - The company also has a PEG ratio of 1.08, compared to the Transportation - Airline industry's average PEG ratio of 0.71 [7] Industry Context - The Transportation - Airline industry is currently ranked 198 in the Zacks Industry Rank, placing it in the bottom 21% of over 250 industries [8]