earnings
confidence high
sentiment positive
materiality 0.80
SkyWest Q4 net income $97M ($2.34 EPS); revenue $944M (+26% YoY); full-year net income $323M
SKYWEST INC
2024-FY EPS reported
$7.77
revenue$3,527,920,000
- Q4 net income $97M ($2.34 diluted EPS) vs $18M ($0.42) in Q4 2023; revenue up 26% to $944M.
- Full year 2024 net income $323M ($7.77 diluted EPS) vs $34M ($0.77) in 2023; pre-tax income $432M.
- Multi-year contract extension with American Airlines for up to 74 CRJ700s; 4 new E175s delivered.
- Repurchased 47,000 shares for $4.9M in Q4; $48M remaining under buyback program.
- Cash & marketable securities $802M; total debt $2.7B, down from $3.0B at Dec 2023.