US Airways Group Beats Up on Analysts Yet Again
US Airways Group (NYS: LCC) reported earnings yesterday. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), US Airways Group met expectations on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share expanded.
Margins improved across the board.
US Airways Group reported revenue of $3.27 billion. The nine analysts polled by S&P Capital IQ hoped for revenue of $3.25 billion on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $2.96 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at -$0.13. The 11 earnings estimates compiled by S&P Capital IQ anticipated -$0.25 per share on the same basis. GAAP EPS were $0.28 for Q1 versus -$0.71 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 32.4%, 1,790 basis points better than the prior-year quarter. Operating margin was 1.9%, 310 basis points better than the prior-year quarter. Net margin was 1.5%, 540 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $3.67 billion. On the bottom line, the average EPS estimate is $1.09.
Next year's average estimate for revenue is $13.88 billion. The average EPS estimate is $1.97.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 450 members rating the stock outperform and 335 members rating it underperform. Among 176 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 88 give US Airways Group a green thumbs-up, and 88 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on US Airways Group is outperform, with an average price target of $12.05.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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