Sky Harbour Group (NYSEAMERICAN:SKYH) Issues Quarterly Earnings Results

Sky Harbour Group (NYSEAMERICAN:SKYHGet Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.11) EPS for the quarter, reports. The firm had revenue of $2.40 million for the quarter, compared to analysts’ expectations of $3.06 million. Sky Harbour Group had a negative net margin of 325.99% and a negative return on equity of 12.00%.

Sky Harbour Group Price Performance

NYSEAMERICAN SKYH opened at $12.00 on Friday. Sky Harbour Group has a 12 month low of $4.15 and a 12 month high of $13.60.

Hedge Funds Weigh In On Sky Harbour Group

An institutional investor recently raised its position in Sky Harbour Group stock. Caprock Group LLC grew its holdings in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYHFree Report) by 8,485.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,116,098 shares of the company’s stock after buying an additional 1,103,098 shares during the quarter. Sky Harbour Group accounts for approximately 0.8% of Caprock Group LLC’s holdings, making the stock its 21st biggest holding. Caprock Group LLC owned approximately 1.68% of Sky Harbour Group worth $14,253,000 as of its most recent SEC filing. Institutional investors own 14.75% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, B. Riley began coverage on Sky Harbour Group in a report on Thursday, January 18th. They set a “buy” rating and a $15.00 price target for the company.

View Our Latest Stock Report on Sky Harbour Group

About Sky Harbour Group

(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.

Further Reading

Earnings History for Sky Harbour Group (NYSEAMERICAN:SKYH)

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