US Airways Group Beats Analyst Estimates on EPS
US Airways Group (NYS: LCC) reported earnings on July 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), US Airways Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share grew significantly.
Margins increased across the board.
Revenue details
US Airways Group notched revenue of $3.75 billion. The nine analysts polled by S&P Capital IQ looked for a top line of $3.76 billion on the same basis. GAAP reported sales were 7.2% higher than the prior-year quarter's $3.50 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $1.61. The 14 earnings estimates compiled by S&P Capital IQ forecast $1.53 per share. GAAP EPS of $1.54 for Q2 were 214% higher than the prior-year quarter's $0.49 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 42.1%, 2,270 basis points better than the prior-year quarter. Operating margin was 11.0%, 580 basis points better than the prior-year quarter. Net margin was 8.2%, 560 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $3.62 billion. On the bottom line, the average EPS estimate is $1.23.
Next year's average estimate for revenue is $13.86 billion. The average EPS estimate is $2.99.
Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 462 members out of 797 rating the stock outperform, and 335 members rating it underperform. Among 174 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 90 give US Airways Group a green thumbs-up, and 84 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 $15.67.
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The article US Airways Group Beats Analyst Estimates on EPS originally appeared on Fool.com.
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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