SkyWest (SKYW) Stock Drops Despite Market Gains: Important Facts to Note

With respect to valuation, SkyWest is currently being traded at a Forward P/E ratio of 11.14. Its industry sports an average Forward P/E of 8.94, so one might conclude that SkyWest is trading at a premium comparatively. The investment community will be closely monitoring the performance of SkyWest in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.70, marking a 385.71% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimat ...