SkyWest Inc Q2 Profit Rises 25%

(RTTNews) - SkyWest Inc (SKYW) released earnings for its second quarter that climbed from last year.

The company said its bottom line came in at $50.48 million, or $0.95 per share. This was up from $40.24 million, or $0.77 per share, in last year's second quarter.

Analysts had expected the company to earn $0.87 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.1% to $809.76 million. This was up from $801.34 million last year.

SkyWest Inc earnings at a glance:

-Earnings (Q2): $50.48 Mln. vs. $40.24 Mln. last year. -Earnings Growth (Y-o-Y): 25.4% -EPS (Q2): $0.95 vs. $0.77 last year. -EPS Growth (Y-o-Y): 23.4% -Analysts Estimate: $0.87 -Revenue (Q2): $809.76 Mln vs. $801.34 Mln last year. -Revenue Change (Y-o-Y): 1.1%