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SkyWest, Inc. (SKYW)

  • Fri, May 1, 12:45 PM
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  • Fri, May 1, 10:35 AM
    • SkyWest (SKYW +10.6%) rallies following a strong Q1 profit beat.
    • The company almost tripled EBITDA during the quarter with a $100M mark.
    • Fuel expenses -42.2% to $27.3M.
    • Total operating expenses -9.2% to $726.32M.
    • Revenue per available seat mile improved 1.2% to $0.087 on a 3.3% dip in capacity.
    • Load factor -70 bps to 80.2%.
    • Previously: SkyWest beats by $0.21, revenue in-line (Apr. 30 2015)
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  • Mon, Feb. 23, 3:23 PM
    • Shares of SkyWest (SKYW +3.4%) hit a 52-week high to lead what has been a mixed day for airline stocks.
    • SkyWest was lagging the sector this year until a Deutsche Bank upgrade gave it a jolt.
    • Bulls think the carrier will see a larger impact on profitability than peers from lower fuel prices.
    • Previously: SkyWest +12% after Deutsche Bank upgrade (Feb. 13)
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  • Fri, Feb. 13, 10:08 AM
    • Shares of SkyWest ((NASDAQ:SKYW) +12.2%) take off after Deutsche Bank upgrades the company to a Buy rating from Hold.
    • The investment firm resets its price target to $16 from $10.
    • The rally in SkyWest is flying in the face of a sector decline amid higher oil prices.
  • Dec. 31, 2014, 10:07 AM
    • Airline stocks are in rally mode again off of momentum driven by the latest slide in oil prices.
    • Southwest Airlines (LUV +2.2%) is poised to end the year as the top performing stock of the S&P 500 Index with a +125% rip.
    • Though jet fuel hedging strategies vary widely throughout the sector, a prolonged period of lower oil prices will allow all carriers to realize a benefit.
    • Gainers: Republic Airways (NASDAQ:RJET) +4.4%, United Continental (NYSE:UAL) +2.4%, Virgin America (NASDAQ:VA) +1.9%, JetBlue (NASDAQ:JBLU) +1.8%, Alaska Air Group (NYSE:ALK) +1.7%, Allegiant Travel (NASDAQ:ALGT) +1.6%, Delta Air Lines (NYSE:DAL) +1.6%, SkyWest (NASDAQ:SKYW) +1.4%.
    • Previous: Hedging strategies by airline
  • Oct. 29, 2014, 6:53 AM
    • SkyWest (NASDAQ:SKYW): Q3 EPS of $0.79 may not be comparable to consensus of $0.40.
    • Revenue of $834.63M (-1.9% Y/Y) beats by $14.63M.
    • Shares +1.47% PM.
    • Press Release
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  • Oct. 21, 2014, 1:12 PM
    • Airline stocks are putting in another volatile day as the Ebola headlines veer toward the positive side.
    • Gainers: Spirit Airlines (NASDAQ:SAVE) +5.0%, American Airlines Group (NASDAQ:AAL) +5.3%, Southwest Airlines (NYSE:LUV) +4.7%, SkyWest (NASDAQ:SKYW) +4.1%, United Continental (NYSE:UAL) +2.9%, Delta Air Lines (NYSE:DAL) +2.5%, Allegiant Travel (NASDAQ:ALGT) +1.9%, JetBlue (NASDAQ:JBLU) +2.3%, Alaska Air Group (NYSE:ALK) +1.9%.
  • Oct. 6, 2014, 12:38 PM
    • Shares of SkyWest (SKYW +9%) trade higher after Raymond James upgrades the carrier to an Outperform rating from Market Perform.
    • The investment firm thinks SkyWest has a clearer path to improve profitability and downside risks have moderated.
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  • Aug. 6, 2014, 5:41 PM
    • Top gainers, as of 5:15 p.m.: CST +13.3%. MCP +12.8%. SKYW +8.9%. PRAA +6.5%. EGY +6.3%.
    • Top losers, as of 5:15 p.m.: THOR -26.9%. BWC -12.6%. LIOX -10.5%. ENZ -7.7%. SD -7.1%.
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  • Nov. 11, 2013, 5:39 PM
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  • Aug. 13, 2013, 10:53 AM
    • Airline stocks trade weaker following the aggressive move by the DOJ to block the merger of US Airways (LCC -6.4%) and American Airlines (AAMRQ.PK).
    • The action indicates the sector could see trouble pulling off any other big mergers with the DOJ willing to fight to keep competition alive.
    • Decliners: UAL -1.7%, SKYW -3.6%, HA -2.5%, RJET -2.9%, DAL -4.4%, SAVE -2.2%, ALK -3.9%, JBLU -2.4%.
  • Jun. 17, 2013, 9:22 AM
    Paris Air Show: Embraer (ERJ +4.1%) unveils potential orders for up to 365 of its new more fuel-efficient E-Jets E2 family of aircraft, including a firm order for 100 planes from launch customer SkyWest (SKYW) (PR). The regional carrier also has options for another 100 jets, which would make the whole deal worth $9.36B at list prices. International Lease Finance (AIG) signs a letter of intent (LOI) to acquire 50 jets from Embraer and takes an option for another 50 (PR). Five undisclosed airlines sign LOIs for a further 65 E2s (PR).
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  • May 21, 2013, 10:42 AM
    Shares in Embraer (ERJ +3.3%) move up after it and SkyWest (SKYW -0.4%) earlier announced a firm order for 40 Embraer 175 aircraft. Additionally, another 60 firm orders were reconfirmable aircraft, subject to SkyWest being awarded CPA agreement contracts with United Airlines. If all firm orders are exercised, the order has a current estimated value of $4.1M.
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  • Oct. 10, 2012, 3:59 PM
    SkyWest (SKYW -6.1%) is downgraded to Underperform by BAML on valuation concerns after shares have climbed ~60% in past three months and now trade at a substantial premium to the major U.S. airlines; yet the firm says SKYW lacks the upside earnings leverage of its partner airlines. SKYW reported September revenue passenger miles rose 1%.
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  • Sep. 12, 2012, 8:36 AM
    American Airlines (AAMRQ.PK) signs a deal that will allow SkyWest (SKYW) to handle some of its flying. 23 regional jets that currently fly as American Eagle will switch to SkyWest. Shares of SKYW +4.2% premarket.
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  • Aug. 14, 2012, 2:40 PM
    SkyWest (SKYW +2.4%) gains on an upgrade to Neutral at Bank of America Merrill Lynch today. Merrill says that efforts to rein in costs are bearing fruit faster than anticipated, and the likelihood of modest growth returning in Q4 should benefit the airline over the short term.
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Company Description
SkyWest Inc, through its subsidiaries offers scheduled passenger service to destinations in the United States, Canada, Mexico and the Caribbean.
Sector: Services
Country: United States