SkyWest (SKYW) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.08
- Estimate
- $3.07
- Surprise
- +0.4%
- Score at report (before → after)
- 5.7 → 5.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
SkyWest (SKYW) beat the $3.07 estimate with adjusted EPS of $3.08 — effectively in line (0.4%). TrendMatrix's engine moved from Buy (Wait) (5.7/10) to Sell at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SKYW Sell at 5.9/10.
2 of the last 4 quarters beat the estimate; this quarter's +0.4% surprise compares with a +3.6% four-quarter average.
What supports the rating
- Attractive valuation
- Margin of safety: 62%
What argues against it
- Concentration risk — Customer: United and Delta
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.3)
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $96.54
- Price target
- $109.04
- Stop
- $90.52
- Upside to target
- +12.9%
- Reward-to-risk
- 2.0:1
The stock trades at 9.6× trailing but 8.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
SKYW at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Airlines
- Market cap
- $3.83B
- P/E (fwd)
- 8.0
- P/E (ttm)
- 9.6
- 52-week range
- $77.89–$117.72
- Off 52-week high
- 18.0%
- RSI (14)
- 50
- Volume vs avg
- 1.00×
- Score today
- 5.9/10