Sky Harbour Group (NYSEAMERICAN:SKYH) Releases Earnings Results, Beats Expectations By $0.10 EPS

Sky Harbour Group (NYSEAMERICAN:SKYH - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.10, Zacks reports. The business had revenue of $3.62 million for the quarter. Sky Harbour Group had a negative net margin of 325.99% and a negative return on equity of 12.00%.Get Sky Harbour Group alerts:Sky Harbour Group Price PerformanceNYSEAMERICAN SKYH traded up $0.52 during trading hours on Wednesday, reaching $9.43. The company had a trading volume of 95,982 shares, compared to its average volume of 47,188. Sky Harbour Group has a 1-year low of $4.16 and a 1-year high of $13.60. The stock has a market capitalization of $628.79 million, a P/E ratio of -6.38 and a beta of 1.84. Insiders Place Their BetsIn related news, major shareholder Omaha Corp Boston sold 246,389 shares of Sky Harbour Group stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $10.00, for a total value of $2,463,890.00. Following the completion of the transaction, the insider now owns 12,440,642 shares in the company, valued at $124,406,420. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 45.18% of the company's stock. Sky Harbour Group Company Profile (Get Free Report)Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York. See AlsoFive stocks we like better than Sky Harbour GroupUpcoming IPO Stock Lockup Period, ExplainedBrinker International’s Price Dip is an Appetizing Entry PointConsumer Discretionary Stocks Explained3 Stocks That Could Beat the September Blues3 Warren Buffett Stocks to Buy NowCanopy Growth Stock: Can It Sustain Recent Gains?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ Millionaire Investor Warns: “Brace for Apple Collapse” (From Stansberry Research) (Ad)Should you invest $1,000 in Sky Harbour Group right now?Before you consider Sky Harbour Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sky Harbour Group wasn't on the list.While Sky Harbour Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here