Goldman Sachs analyst Catherine O'Brien started SkyWest with a Neutral rating and $62 price target. The analyst expects the rate of positive catalysts and upside surprises to earnings to slow as the company completes its current aircraft delivery schedule in 2018. She also launched coverage on the U.S. Airlines sector with an Attractive coverage view. Stronger revenue trends in 2019 coupled with a focus on cost control should drive higher industry operating margins for the first time since 2015 despite fuel headwinds, O'Brien tells investors in a research note.

Reports Q1 revenue $804M, consensus $800.2M. Chip Childs, CEO, "Our ability to meet our partners' demand for additional production continues to increase as our captain availability has improved. We are also pleased with how our teams performed under challenging winter conditions during the first quarter."