SkyWest Inc. (SKYW: Quote) 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.
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by RTT Staff Writer
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