JBLU's third-quarter 2024 earnings and revenues increase year over year.
JetBlue Airways (NASDAQ:JBLU) fell over 16% on Tuesday after warning revenue was set to fall further than expected over the full year due to the likes of election uncertainty. Revenue was guided to drop by between 4% and 5% for the year, with a drop of 3% to 7% expected over the fourth quarter, JetBlue said in earnings on Tuesday.
While the top- and bottom-line numbers for JetBlue (JBLU) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
JetBlue Airways (JBLU) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.39 per share a year ago.
JetBlue's stock drops after Q3 results beat expectations but the Q4 revenue outlook disappointed.
The airline's third-quarter loss was less than expected as it looks to return to operating profit.
JetBlue (JBLU) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JetBlue Airways is expected to have been bolstered by its proactive initiative to expand its network and connectivity in the to-be-reported quarter.
JetBlue (JBLU) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
JetBlue Airways Corporation (NASDAQ:JBLU) stock is up 16.8% to trade at $7.47 this morning, amid reports that Spirit Airlines (SAVE) may file for Chapter 11 bankruptcy protection.
JetBlue has eliminated hot meals for economy passengers on transatlantic flights. It comes as the airline reported a profit of 82% less than last year.
With JBLU's shares appreciating lately, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.