US Airways Group (NYSE: 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.

Revenue details
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.

EPS details
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.

Margin details
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.

Looking ahead
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.

Investor sentiment
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.

Over the decades, small-cap stocks like US Airways Group have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.