SkyWest Q3 Earnings Surge Past Estimates

SkyWest, Inc. (SKYW) delivered better-than-expected results in the third quarter of 2018. The company’s earnings of $1.57 per share, surpassed the Zacks Consensus Estimate of $1.41. Also, the bottom line improved 55.5% on a year-over-year basis. A lower effective tax rate boosted the same.

Quarterly revenues came in at $829.3 million, beating the Zacks Consensus Estimate of $826.4 million. Moreover, the top line benefited from the company’s improved fleet mix.

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SkyWest Q3 Earnings Surge

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