US Airways Group
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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