SkyWest Inc. (SKYW) reported second quarter net income of $0.33 per share Wednesday morning, up from $0.03 per share last year. The consensus estimate was for EPS of $0.14.
SkyWest gapped up sharply Wednesday and is currently higher by 1.56 at $8.25 on above average volume. The stock has risen to over a 2 1/2 month high and has re-crossed its 50-day moving average.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.