SKYW

SkyWest Inc Bottom Line Rises In Q4, Beats Estimates

(RTTNews) - SkyWest Inc (SKYW) revealed a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $97.38 million, or $2.34 per share. This compares with $17.52 million, or $0.42 per share, last year.

Analysts on average had expected the company to earn $1.81 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 25.6% to $944.40 million from $751.79 million last year.

SkyWest Inc earnings at a glance (GAAP) :

-Earnings: $97.38 Mln. vs. $17.52 Mln. last year. -EPS: $2.34 vs. $0.42 last year. -Revenue: $944.40 Mln vs. $751.79 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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