Dahlman Rose Raises Estimates on US Airways Group (LCC), Citing Lower Fuel Costs

July 5, 2012 9:44 AM EDT Send to a Friend
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Price: $18.19 +1.45%

Rating Summary:
    9 Buy, 4 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 21 | Down: 24 | New: 29
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Dahlman Rose maintains a 'Hold' on US Airways Group (NYSE: LCC).

Analyst, Helane Becker, said, "We are updating our 2Q12 and 2012 estimates to reflect management guidance and industry trends. For 2Q12, we forecast EPS of $1.80, up from our prior estimate of $1.58 and compared to the consensus estimate of $1.40. For 2012, we forecast EPS of $2.95, up from our prior estimate of $2.10 and in line with the consensus estimate. For 2013, we are maintaining our EPS estimate of $2.25, which compares to the consensus estimate of $3.41. Our 2013 estimate is based on jet fuel of $3.25/gallon and minimal PRASM growth.

For an analyst ratings summary and ratings history on US Airways Group click here. For more ratings news on US Airways Group click here.

Shares of US Airways Group closed at $13.21 yesterday, with a 52 week range of $3.96-$13.81.


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