Analysts expect SkyWest to report Q3 revenue of $1.14 billion and EPS of $3.13, while the current stock price of $94.60 trades significantly below the average analyst target of $113.00. Investors are primarily focused on block hour production, the company's core volume metric, amid concerns that capacity growth may moderate in the second half of the year.
Management has guided for a 5% increase in full-year 2026 block hours, driven by improving fleet utilization and sustained demand from major airline partners. Recent analyst sentiment has been mixed, with some firms downgrading the stock due to potential downside risks in regional flying activity and rising pilot labor costs.