SkyWest (SKYW) Projected to Release Earnings on Thursday

SkyWest (NASDAQ:SKYW) will likely be issuing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to post earnings of $2.53 per share and revenue of $1.1121 billion for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 4:30 PM ET.

SkyWest (NASDAQ:SKYW) last announced its quarterly earnings results on Thursday, April 23rd. The transportation company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.35. SkyWest had a net margin of 10.42% and a return on equity of 15.55%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $993.06 million. During the same quarter in the previous year, the company posted $2.42 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. On average, analysts expect SkyWest to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

SkyWest Price Performance

SkyWest stock opened at $95.14 on Wednesday. SkyWest has a 12-month low of $77.89 and a 12-month high of $123.94. The stock has a market cap of $3.77 billion, a P/E ratio of 9.12, a PEG ratio of 1.44 and a beta of 1.45. The company has a 50-day moving average price of $91.11 and a 200 day moving average price of $94.45. The company has a current ratio of 0.62, a quick ratio of 0.51 and a debt-to-equity ratio of 0.66.

Institutional Trading of SkyWest

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. lifted its stake in SkyWest by 27.5% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,184,956 shares of the transportation company’s stock worth $118,981,000 after purchasing an additional 255,408 shares in the last quarter. Millennium Management LLC boosted its holdings in SkyWest by 90.6% during the 3rd quarter. Millennium Management LLC now owns 351,149 shares of the transportation company’s stock valued at $35,333,000 after acquiring an additional 166,926 shares during the period. EP Wealth Advisors LLC purchased a new position in SkyWest during the 4th quarter valued at about $13,825,000. Invesco Ltd. grew its position in SkyWest by 24.9% in the 4th quarter. Invesco Ltd. now owns 498,590 shares of the transportation company’s stock valued at $50,063,000 after acquiring an additional 99,387 shares in the last quarter. Finally, Owl Creek Asset Management L.P. purchased a new stake in SkyWest during the second quarter worth about $9,856,000. Hedge funds and other institutional investors own 81.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of SkyWest from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. TD Cowen increased their price objective on SkyWest from $98.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group downgraded SkyWest from a “buy” rating to a “neutral” rating and reduced their target price for the company from $126.00 to $115.00 in a research report on Thursday, July 2nd. Finally, Citigroup upped their price target on SkyWest from $95.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, SkyWest presently has an average rating of “Moderate Buy” and a consensus price target of $121.17.

About SkyWest

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.