SkyWest (SKYW) shares surged 5.87% in after-hours trading on Thursday following the release of the company's impressive third-quarter 2025 financial results. The regional airline operator reported earnings per share of $2.81, surpassing the estimated $2.47, while revenue climbed to $1.050 billion, beating the projected $1.030 billion.
The company's financial performance showed significant year-over-year improvements. SkyWest's Q3 2025 revenue increased by 15% to $1.1 billion, driven by strong demand and higher fleet utilization. Net income rose to $116 million, up from $90 million in the same period last year, reflecting a 29% increase. Operating income also saw a substantial boost, rising 33% to $174 million compared to the previous year.
Looking ahead, SkyWest announced several strategic moves that signal a positive outlook. The company secured a multi-year contract extension with United Airlines for 40 CRJ200 aircraft, supporting future operations. Additionally, SkyWest outlined plans for significant fleet expansion, anticipating 74 E175 aircraft deliveries by the end of 2028 and securing purchase rights for 50 additional E175 aircraft. These developments, combined with the strong financial results, have likely fueled investor optimism, contributing to the after-hours stock price surge.
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