SkyWest SKYW is scheduled to release second-quarter 2024 results on Jul 25, after market close.
In the closing of the recent trading day, SkyWest (SKYW) stood at $82.54, denoting a -1.95% change from the preceding trading day.
SkyWest (SKYW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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The airline industry is a crowded place. Finding winners in this space is easier said than done. SkyWest stock, up 108% in the past 12 months, has outperformed all the major airline stocks during this period. The partnership business model of SkyWest helps the company earn a reliable stream of revenue through capacity purchase agreements.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
With SkyWest (SKYW) stock gaining almost 60% year to date, let's assess if it is still an investment option at the current levels.
SkyWest (SKYW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Taking to the friendly skies this summer? You are not alone.
SkyWest (SKYW) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
A record number of Americans will travel this Independence Day, which bodes well for SkyWest (SKYW), Royal Caribbean Cruises (RCL) and Hilton Worldwide (HLT).
Upbeat air travel demand is likely to keep airline stocks like SkyWest (SKYW), United Airlines (UAL) and Alaska Air (ALK) in good shape in the second half of 2024.