What To Expect From Sky Harbour Group Corp (SKYH) Q3 2024 Earnings

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Nov 11, 2024

Sky Harbour Group Corp (SKYH, Financial) is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is $3.95 million, and the earnings are expected to come in at -$0.05 per share. The full year 2024's revenue is expected to be $14.03 million and the earnings are expected to be -$0.47 per share. More detailed estimate data can be found on the Forecast page.

Sky Harbour Group Corp (SKYH, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Sky Harbour Group Corp (SKYH) for the full year 2024 have decreased from $16.8 million to $14.03 million. For 2025, the revenue estimates have decreased from $32.3 million to $29.45 million. Earnings estimates for 2024 have improved slightly from -$0.50 per share to -$0.47 per share, while for 2025, the estimates have worsened from -$0.04 per share to -$0.09 per share.

Sky Harbour Group Corp (SKYH, Financial) Reported History

In the previous quarter of June 30, 2024, Sky Harbour Group Corp's (SKYH) actual revenue was $3.62 million, which missed analysts' revenue expectations of $4.8 million by -24.63%. Sky Harbour Group Corp's (SKYH) actual earnings were $0.06 per share, which beat analysts' earnings expectations of -$0.035 per share by 271.43%. After releasing the results, Sky Harbour Group Corp (SKYH) was up by 12.57% in one day.

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Sky Harbour Group Corp (SKYH, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 3 analysts, the average target price for Sky Harbour Group Corp (SKYH) is $16 with a high estimate of $17 and a low estimate of $15. The average target implies an upside of 38.05% from the current price of $11.59.

Based on GuruFocus estimates, the estimated GF Value for Sky Harbour Group Corp (SKYH, Financial) in one year is $18.88, suggesting an upside of 62.9% from the current price of $11.59.

Based on the consensus recommendation from 3 brokerage firms, Sky Harbour Group Corp's (SKYH, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.