Investing.com - SkyWest (NASDAQ:SKYW) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
SkyWest announced earnings per share of $0.96 on revenue of $789.44. Analysts polled by Investing.com anticipated EPS of $0.75 on revenue of $807.01M.
SkyWest shares are down 33% from the beginning of the year, still down 63.80% from its 52 week high of $51.88 set on November 8, 2021.
SkyWest shares gained 3.78% in after-hours trade following the report.
SkyWest follows other major Industrials sector earnings this month
SkyWest's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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