- SkyWest reported fourth-quarter operating revenue of $944.4 million.
- Revenue increased by 26% compared to the previous year, exceeding estimates of $915.6 million.
- Earnings per share (EPS) were $2.34, significantly up from $0.42 in the previous year.
- The EPS surpassed the estimate of $1.79.
- Cash and marketable securities amounted to $801.6 million, a 4% decrease year-over-year.
- The cash estimate was $841.4 million.
- Analyst ratings include 3 buys, 2 holds, and 0 sells.
A look at Skywest Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Skywest Inc is projected to have a positive long-term outlook. With strong scores in Growth and Momentum, the company is positioned favorably for future expansion and performance. Skywest Inc‘s solid growth potential and positive momentum indicate promising opportunities for investors looking for a company with upward trajectory in the aviation industry.
Despite a lower score in the Dividend category, Skywest Inc‘s overall outlook remains optimistic due to its robust performance in Growth and Momentum. As a regional airline operator serving various destinations, including the United States, Canada, Mexico, and the Caribbean, the company’s resilience and value are also factors to consider. Investors may find Skywest Inc an attractive option for long-term investment based on its high scores in Growth and Momentum, outweighing the lower score in Dividend.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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