Overview
SkyWest Q3 2025 revenue rises 15% yr/yr to $1.1 bln, driven by strong demand
Net income for Q3 2025 increases to $116 mln from $90 mln in Q3 2024
SkyWest reaches multi-year contract extension with United Airlines for 40 CRJ200 aircraft
Outlook
SkyWest anticipates 74 E175 aircraft deliveries by the end of 2028
SkyWest secures purchase rights for 50 additional E175 aircraft
SkyWest plans fleet expansion with nearly 300 E175 aircraft by 2028
Result Drivers
FLEET UTILIZATION - Increased block hour production and higher fleet utilization contributed to revenue growth
CONTRACT EXTENSION - Multi-year contract extension with United Airlines for 40 CRJ200 aircraft supports future operations
OPERATING EFFICIENCIES - Operating efficiencies from higher fleet utilization partially offset increased expenses
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | $1.1 bln | ||
Q3 EPS | $2.81 | ||
Q3 Net Income | $116.35 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "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 23.9% above its October 29 closing price of $96.61
Press Release: ID:nBwbFtq9ha
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)