SkyWest rises 1.7% after scheduling third-quarter webcast and conference call

What happened

SkyWest (SKYW) rose 1.7% to $97.71 on October 6, 2026, after the company said it would hold a live conference call and webcast to discuss third-quarter 2026 results on October 29, 2026. SkyWest said the event, scheduled for 2:30 p.m. Mountain Time, will include an overview of results followed by a Q&A, and that the webcast will be available via the company’s events page, according to Business Wire. The announcement was the main company development around the session; the move is classified as an ordinary session for this stock.

How big was the move

The stock opened 1.8% above the previous close and ended the day up 1.7%, a move sized at 0.7 times a typical daily move for this stock. Trading volume was 0.7 times its 20-day average, suggesting below-average participation in the uptick. The S&P 500 rose 0.6% on the day, and the Industrials sector median rose 0.3%, leaving the stock 1.4 percentage points better than its sector median. SkyWest has a beta of 1.06, meaning the stock tends to move about as much as the market.

The technical picture

At the close the stock was 0.2% below its 20-day moving average and 4.1% below its 50-day moving average, while it stood 1.1% above its 200-day moving average. The 50-day average is above the 200-day average, a sign of an established uptrend. The Relative Strength Index over 14 days was 48, squarely in a neutral range between 30 and 70, and the shares were 17.0% below their 52-week high. Over one month the stock fell 1.4%, rose 0.8% over three months and was down 2.3% versus one year, leaving it 18.7 percentage points behind the S&P 500 over the same period.

Fundamentals and valuation

For the four quarters through June 30, 2026, SkyWest reported revenue of $4.19 billion, which grew 9.1% from a year earlier, and diluted earnings per share of $10.07, which rose 2.5% from a year earlier. Gross margin was 71.4% versus 26.2% a year earlier, while operating margin was 14.0% compared with 15.2% a year earlier. The company reported a free-cash-flow margin of 7.5% and return on invested capital of 7.3%; its balance sheet showed net debt of 2.3 times EBITDA, and share count over one year decreased by 3.2%.

Valuation metrics present SkyWest as relatively inexpensive by several common measures. The stock traded at 9.7 times trailing earnings and 9.2 times expected earnings, and offered a free-cash-flow yield of 8.2%. Its price to trailing earnings was lower than 84% of its own readings over the past five years, where the five-year median is 14.0 times earnings. Market value stood at $3.82 billion. Those figures sit alongside PromtFinance scores that rank Value at 97 (Exceptional) and Quality at 90 (Exceptional), while Growth is 47 (Neutral) and Revisions 20 (Very weak), which suggests strong valuation and balance-sheet measures but mixed momentum in analyst revisions.

Earnings and analyst expectations

SkyWest’s next report is scheduled for October 29, 2026, the date of the webcast and conference call. The last report, on July 23, 2026, showed earnings per share of $2.54 against $2.70 expected, 5.9% below estimates. The company has recorded zero consecutive quarters beating estimates, though its average surprise over the last four reports was 4.6% above estimates. Historically, the stock’s typical two-day reaction after recent reports was to rise 0.5%.

Seventeen analysts cover the stock. The consensus rating is Buy, with 59% of the ratings at Buy or higher, and the consensus price target is $112.00, 14.6% above the closing price.

What to watch

• October 29, 2026: live conference call and webcast to discuss third-quarter 2026 results at 2:30 p.m. Mountain Time
• July 23, 2026: last report — earnings per share of $2.54 against $2.70 expected, 5.9% below estimates
• Price to trailing earnings: 9.7 times trailing earnings, lower than 84% of its own readings over the past five years
• Market value: $3.82 billion
• Next report date to monitor for potential two-day reactions after the announcement