SkyWest (SKYW) Surpasses Q3 Earnings and Revenue Estimates

Core Viewpoint - SkyWest (SKYW) reported quarterly earnings of $2.81 per share, exceeding the Zacks Consensus Estimate of $2.56 per share, and showing an increase from $2.16 per share a year ago, indicating a positive earnings surprise of +9.77% [1][2] Financial Performance - SkyWest's revenues for the quarter ended September 2025 were $1.05 billion, surpassing the Zacks Consensus Estimate by 3.52%, and up from $912.79 million year-over-year [2] - The company has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Stock Performance and Outlook - SkyWest shares have declined approximately 3.5% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [3] - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $2.25 for the upcoming quarter and $9.95 for the current fiscal year [4][7] Industry Context - The Transportation - Airline industry, to which SkyWest belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and earnings estimate revisions, which could impact SkyWest's stock performance [5]