SkyWest Inc Profit Rises In Q2

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

The company's earnings totaled $88.05 million, or $1.71 per share. This compares with $75.86 million, or $1.43 per share, in last year's second quarter.

Analysts had expected the company to earn $1.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 7.6% to $744.38 million from $805.51 million last year.

SkyWest Inc earnings at a glance:

-Earnings (Q2): $88.05 Mln. vs. $75.86 Mln. last year. -EPS (Q2): $1.71 vs. $1.43 last year. -Analysts Estimate: $1.59 -Revenue (Q2): $744.38 Mln vs. $805.51 Mln last year.