US Airways Group Inc. Third Quarter Earnings on Deck

US Airways Group, Inc. (NYSE:LCC) will unveil its latest earnings on Thursday, October 27, 2011. US Airways Group is a holding company that operates 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 profit of 49 cents per share, a decline of 60.2% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down. It has risen from 46 cents during the last month. For the year, analysts are projecting net income of 29 cents per share, a decline of 87.6% from last year.

Past Earnings Performance: Last quarter, the company missed estimates by 3 cents, coming in at profit of 56 cents per share versus a mean estimate of net income of 59 cents per share. In the first quarter, the company beat estimates by 8 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 7.9% in revenue from the year-earlier quarter to $3.43 billion.

Analyst Ratings: seven out of 12 analysts surveyed (58.3%) have a buy rating on US Airways Group.. This is below the mean analyst rating of 10 competitors, which average 63.9% buy ratings.

A Look Back: In the second quarter, profit fell 67% to $92 million (49 cents a share) from $279 million ($1.41 a share) the year earlier, missing analyst expectations. Revenue rose 10.5% to $3.5 billion from $3.17 billion.

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 12.4%, with the biggest boost coming in the third quarter of the last fiscal year when revenue rose 16.9% from the year earlier quarter.

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 August 25, 2011 to October 21, 2011, the stock price had risen 79 cents (15.6%) from $5.08 to $5.87. The stock price saw one of its best stretches over the last year between October 7, 2011 and October 13, 2011 when shares rose for five-straight days, rising 20.9% (+$1.09) over that span. It saw one of its worst periods between July 7, 2011 and July 20, 2011 when shares fell for 10-straight days, falling 17.8% (-$1.49) over that span. Shares are down $4.14 (-41.4%) year to date.

(Source: Xignite Financials)

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