
Overview
SkyWest Q2 2025 revenue rises 19% yr/yr, driven by higher fleet utilization
Net income for Q2 2025 increases to $120 mln, from $76 mln year ago
Co had secured agreement to purchase 16 new E175 aircraft for Delta Air Lines
Outlook
SkyWest anticipates having nearly 300 E175 aircraft by end of 2028
Company plans to expand service in smaller communities
SkyWest sees strong demand for regional flying
Result Drivers
BLOCK HOUR PRODUCTION - SkyWest's Q2 2025 block hour production increased by 19% compared to Q2 2024
FLEET UTILIZATION - Higher utilization of SkyWest's fleet contributed to increased revenue and operating efficiencies
AIRCRAFT AGREEMENT - SkyWest had secured an agreement to purchase and operate 16 new E175 aircraft for Delta Air Lines, replacing older models and optimizing fleet utilization
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Operating Revenue |
| $1.04 bln |
|
Q2 EPS |
| $2.91 |
|
Q2 Net Income |
| $120.27 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the airlines peer group is "buy"
Wall Street's median 12-month price target for SkyWest Inc is $127.00, about 10.7% above its July 23 closing price of $113.46
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nBwRWNqDa