SkyWest Q1 EPS Beats, Revenue Up 7%

SkyWest posted Q1 adjusted EPS $2.50 beating the $2.17 consensus, with revenue $1.01 bn up 7% YoY.
Net income rose to $102 million, aided by a $12 million tax benefit, while operating expenses jumped 10% to $889 million.
The airline repurchased 783,000 shares for $75 million, ending the quarter with $627 million cash, down from $707 million year‑end.
SkyWest took delivery of one E175, and will convert its CRJ200 fleet to 41‑seat CRJ450s by 2028, first unit in Fall 2026.