Airline Stocks Buck the Profit Trend

Both United Continental Holdings, Inc. (NYSE:UAL) and US Airways Group, Inc. (NYSE:LCC) reported lower-than-expected profits, bucking the general trend of companies exceeding analysts’ expectations for the quarter.

US Airways Group Inc. Earnings Cheat Sheet: Profit Decreases>>

United said its earnings declined 14 percent to $773 million, or $2 per share.  The average estimate was earnings of $2.08 per share.  US Airways notched a 68 percent drop in net income to $76 million, or $0.41 per share.

Following is some information about the companies’ stock price performance, along with that of some of their competitors.

  • United Continental Holdings, Inc. (NYSE:UAL): The shares recently traded at $20.76, up $0.42, or 2.06%, on the day.  The shares have traded in a 52-week range of $15.92 to $29.75 and its market capitalization is $6.86 billion.  About the company: United Continental Holdings, Inc. is an airline holding company.  The Company owns and operates airlines that transport persons, property, and mail throughout the United States and abroad.
  • US Airways Corp. (NYSE:LCC): The shares recently traded at $5.99, up $0.33, or 5.83%, on the day.  The shares have traded in a 52-week range of $4.53 to $12.26 and its market capitalization is $970.87 million.  About the company: US Airways Group, Inc. is an air carrier that transports passengers, property, and mail.  The Company provides regularly scheduled service at airports in the United States, Canada, Europe, the Caribbean, and Latin America.
  • Delta Air Lines, Inc. (NYSE:DAL): The shares recently traded at $8.77, up $0.21, or 2.45%, on the day.  The shares have traded in a 52-week range of $6.41 to $14.54 and its market capitalization is $7.42 billion.  About the company: Delta Air Lines, Inc. provides scheduled air transportation for passengers, freight, and mail over a network of routes throughout the United States and internationally.
  • Alaska Air Group, Inc. (NYSE:ALK): The shares recently traded at $68.37, up $2.83, or 4.32%, on the day.  The shares have traded in a 52-week range of $50.53 to $70.61 and its market capitalization is $2.44 billion.  About the company: Alaska Air Group, Inc. is an airline holding company.  The Company, through its subsidiaries, provides air service to passengers in multiple destinations.  Alaska Air also provides freight and mail services, primarily to and within the state of Alaska and on the West Coast.
  • JetBlue Airways Corp. (NASDAQ:JBLU): The shares recently traded at $4.69, up $0.27, or 6.11%, on the day.  The shares have traded in a 52-week range of $3.49 to $7.6 and its market capitalization is $1.39 billion.  About the company: JetBlue Airways Corporation provides nonstop passenger flight service through its Airbus A320 aircraft.  The Company’s airline is based in New York’s John F. Kennedy Airport and currently flies to various destinations in the United States.

(Note: Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet