SkyWest Inc Q2 Profit Advances, Beats Estimates

(RTTNews) - SkyWest Inc (SKYW) announced earnings for its second quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $75.58 million, or $1.82 per share. This compares with $15.42 million, or $0.35 per share, in last year's second quarter.

Analysts on average had expected the company to earn $1.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.5% to $867.19 million from $725.64 million last year.

SkyWest Inc earnings at a glance (GAAP) :

-Earnings (Q2): $75.58 Mln. vs. $15.42 Mln. last year. -EPS (Q2): $1.82 vs. $0.35 last year. -Revenue (Q2): $867.19 Mln vs. $725.64 Mln last year.