SkyWest (SKYW) Projected to Post Earnings on Thursday

SkyWest (NASDAQ:SKYW) is expected to be issuing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $3.07 per share and revenue of $1.14 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.

SkyWest (NASDAQ:SKYW) last posted its earnings results on Thursday, July 23rd. The transportation company reported $2.54 EPS for the quarter, missing the consensus estimate of $2.70 by ($0.16). SkyWest had a net margin of 9.78% and a return on equity of 14.58%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the previous year, the company posted $2.91 EPS. SkyWest’s revenue for the quarter was up 6.5% compared to the same quarter last year. On average, analysts expect SkyWest to post $10.58 EPS for the current fiscal year and $12.14 EPS for the next fiscal year.

SkyWest Stock Performance

Shares of NASDAQ SKYW opened at $94.25 on Thursday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.46. The stock’s fifty day moving average price is $97.94 and its two-hundred day moving average price is $95.36. SkyWest has a one year low of $77.89 and a one year high of $117.72. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 9.37, a P/E/G ratio of 1.34 and a beta of 1.47.

SkyWest declared that its board has approved a share repurchase program on Thursday, July 23rd that allows the company to buy back $250.00 million in shares. This buyback authorization allows the transportation company to buy up to 6.6% of its shares through open market purchases. Share buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity

In other SkyWest news, CEO Russell Childs sold 50,500 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $113.21, for a total transaction of $5,717,105.00. Following the sale, the chief executive officer owned 346,190 shares of the company’s stock, valued at approximately $39,192,169.90. This represents a 12.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Greg Wooley sold 17,726 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $108.55, for a total value of $1,924,157.30. Following the sale, the vice president directly owned 53,323 shares of the company’s stock, valued at $5,788,211.65. This represents a 24.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 115,226 shares of company stock worth $12,855,192. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

SKYW has been the topic of a number of analyst reports. Cantor Fitzgerald set a $116.00 target price on shares of SkyWest in a research report on Friday, October 2nd. TD Cowen cut their price target on shares of SkyWest from $123.00 to $116.00 and set a “buy” rating for the company in a report on Friday, October 2nd. Citigroup upped their target price on SkyWest from $95.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. Weiss Ratings restated a “hold (c+)” rating on shares of SkyWest in a research note on Wednesday, October 14th. Finally, The Goldman Sachs Group cut SkyWest from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $126.00 to $115.00 in a report on Thursday, July 2nd. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $113.00.

About SkyWest

SkyWest, Inc (NASDAQ: SKYW) is an airline holding company that operates regional passenger air service in the United States. Its primary subsidiary, SkyWest Airlines, connects smaller and midsized communities with larger airline hubs and provides scheduled flights under capacity-purchase agreements with major airline partners.

SkyWest Airlines operates flights under the United Express, Delta Connection and Alaska Airlines brands, serving destinations throughout the United States and select locations in Canada, Mexico and the Bahamas.