SkyWest Inc Reports 182% Advance In Q1 Earnings

(RTTNews) - SkyWest Inc (SKYW) reported earnings for its first quarter that gained ground from last year.

The company said its bottom line advanced to $27.09 million, or $0.52 per share. This was up from $9.62 million, or $0.18 per share, in last year's first quarter.

Analysts had expected the company to earn $0.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.2% to $762.08 million. This was up from $760.40 million last year.

SkyWest Inc earnings at a glance:

-Earnings (Q1): $27.09 Mln. vs. $9.62 Mln. last year. -Earnings Growth (Y-o-Y): 181.6% -EPS (Q1): $0.52 vs. $0.18 last year. -EPS Growth (Y-o-Y): 188.9% -Analysts Estimate: $0.25 -Revenue (Q1): $762.08 Mln vs. $760.40 Mln last year. -Revenue Change (Y-o-Y): 0.2%