US Airways Group, Inc. Second Quarter Earnings Sneak Peek

US Airways Group, Inc. (NASDAQ:LCC) will unveil its latest earnings on Thursday, July 21, 2011. US Airways Group, Inc. is a holding company, whose main business activity is the operation of a major network air carrier, through its wholly owned subsidiaries US Airways, Piedmont, PSA, MSC and Airways Assurance Limited.

US Airways Group, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 61 cents per share, a decline of 54.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.05. Between one and three months ago, the average estimate moved down and dropped from 92 cents during the last month. For the year, analysts are projecting profit of 66 cents per share, a decline of 71.8% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 8 cents, reporting a loss of 68 cents per share against a mean estimate of net loss of 76 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $3.51 billion in revenue this quarter, a rise of 10.7% from the year ago quarter. Analysts are forecasting total revenue of $13.05 billion for the year, a rise of 9.6% from last year’s revenue of $11.91 billion.

Analyst Ratings: Analysts are bullish on this stock with seven analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 14.7%, with the biggest boost coming in the second quarter of the last fiscal year when revenue rose 19.3% from the year earlier quarter.

US Airways Group’s loss in the latest quarter follows profits in the previous three quarters. The company reported a loss of of $114 million in the first quarter, a profit of $27 million in the fourth quarter of the last fiscal year, a profit of $240 million in the third of the last fiscal year and a profit of $279 million in the second quarter of the last fiscal year.

Competitors to Watch: Delta Air Lines, Inc. (NYSE:DAL), AMR Corporation (NYSE:AMR), Southwest Airlines Co. (NYSE:LUV), JetBlue Airways Corp. (NASDAQ:JBLU), Alaska Air Group, Inc. (NYSE:ALK), United Continental Hldgs., Inc. (NYSE:UAL), Republic Airways Hldgs. Inc. (NASDAQ:RJET), AirTran Holdings, Inc. (NYSE:AAI), Hawaiian Holdings, Inc. (NASDAQ:HA), and Pinnacle Airlines Corp. (NASDAQ:PNCL).

Stock Price Performance: During May 18, 2011 to July 15, 2011, the stock price had fallen $2.23 (-23.1%) from $9.67 to $7.44. The stock price saw one of its best stretches over the last year between July 19, 2010 and July 26, 2010 when shares rose for six-straight days, rising 26.6% (+$2.29) over that span. It saw one of its worst periods between May 19, 2011 and June 1, 2011 when shares fell for nine-straight days, falling 12.4% (-$1.28) over that span. Shares are down $2.57 (-25.7%) year to date.

(Source: Xignite Financials)

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