Sky Harbour Group Corp reports results for the quarter ended March 31 - Earnings Summary

• Sky Harbour Group Corp SKYH.N reported a quarterly adjusted loss of 19 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -78 cents. The mean expectation of five analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -49 cents to -6 cents per share.

• Revenue rose 132.7% to $5.59 million from a year ago; analysts expected $5.67 million.

• Sky Harbour Group Corp's reported EPS for the quarter was a loss of 19 cents​.

• The company reported a quarterly loss of $6.38 million.

• Sky Harbour Group Corp shares had fallen by 8.2% this quarter and gained 0.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 134% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• 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 airport operators & services peer group is also "buy"

• Wall Street's median 12-month price target for Sky Harbour Group Corp is $15.00

This summary was machine generated from LSEG data May 13 at 09:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)