US Airways Group (NYSE: LCC) reported earnings on Oct. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), US Airways Group met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share grew significantly.
Margins grew across the board.
Revenue details
US Airways Group booked revenue of $3.53 billion. The nine analysts polled by S&P Capital IQ hoped for net sales of $3.57 billion on the same basis. GAAP reported sales were 2.8% higher than the prior-year quarter's $3.44 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 $0.98. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.95 per share. GAAP EPS of $1.24 for Q3 were 202% higher than the prior-year quarter's $0.41 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 21.8%, 160 basis points better than the prior-year quarter. Operating margin was 8.0%, 240 basis points better than the prior-year quarter. Net margin was 6.9%, 470 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $3.26 billion. On the bottom line, the average EPS estimate is $0.12.
Next year's average estimate for revenue is $13.83 billion. The average EPS estimate is $2.73.
Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 458 members out of 790 rating the stock outperform, and 332 members rating it underperform. Among 171 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 92 give US Airways Group a green thumbs-up, and 79 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 $15.68.
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