What's the outlook for SKYH's Q1 2025 EPS?
4/13/2025 02:22pm
**Sky Harbour Group's Q1 2025 EPS outlook is negative.**
1. **Analyst Expectations**: Analysts expect Sky Harbour Group to report an earnings per share (EPS) of -$0.06 for Q1 2025.
2. **Previous Performance**: The company has a history of fluctuating EPS, with a significant drop to -$0.78 in Q1 2024 and a previous miss of EPS by -$0.67 in Q3 2024, leading to a 2.94% drop in the share price.
3. **Financial Challenges**: Sky Harbour Group has faced challenges with macroeconomic factors affecting construction costs and has not yet reached cash flow breakeven on a consolidated basis. Despite positive cash flow at the project level, the consolidated financials show a net loss of $53.7 million for the year ended December 31, 2024.
4. **Operational Highlights**: The company has demonstrated resilience and growth, with a 13% sequential increase in revenues and a doubling of full-year revenues from 2023. However, operating expenses have increased due to hiring for new campuses and non-cash accruals for ground lease payments.
In conclusion, the outlook for SKYH's Q1 2025 EPS is negative, considering analyst expectations and the company's financial history and current operational challenges.