JetBlue Airways Corporation (JBLU) to Release Quarterly Earnings on Tuesday

JetBlue Airways Corporation (NASDAQ:JBLU) will issue its quarterly earnings data before the market opens on Tuesday, October 24th. Analysts expect the company to announce earnings of $0.62 per share for the quarter.

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its quarterly earnings data on Tuesday, July 25th. The transportation company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.08. The company had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.82 billion. JetBlue Airways Corporation had a net margin of 9.78% and a return on equity of 16.75%. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.53 EPS. On average, analysts expect JetBlue Airways Corporation to post $1.79 EPS for the current fiscal year and $1.96 EPS for the next fiscal year.

JetBlue Airways Corporation (JBLU) opened at 20.24 on Tuesday. JetBlue Airways Corporation has a 52-week low of $16.85 and a 52-week high of $24.13. The stock has a market capitalization of $6.66 billion, a PE ratio of 10.27 and a beta of 0.59. The firm has a 50-day moving average of $19.31 and a 200-day moving average of $21.34.

TRADEMARK VIOLATION NOTICE: “JetBlue Airways Corporation (JBLU) to Release Quarterly Earnings on Tuesday” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/17/jetblue-airways-corporation-jblu-to-release-quarterly-earnings-on-tuesday.html.

Several research firms have issued reports on JBLU. Morgan Stanley restated an “equal weight” rating on shares of JetBlue Airways Corporation in a research report on Friday, July 14th. Zacks Investment Research upgraded shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Wednesday, July 12th. BidaskClub lowered shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Bank of America Corporation raised their price target on shares of JetBlue Airways Corporation from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, June 30th. Finally, Buckingham Research lowered shares of JetBlue Airways Corporation from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $28.00 to $24.00 in a research report on Wednesday, July 26th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $25.25.

In other JetBlue Airways Corporation news, CEO Robin Hayes sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $22.03, for a total value of $44,060.00. Following the transaction, the chief executive officer now directly owns 406,362 shares in the company, valued at $8,952,154.86. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP George Martin J. St sold 2,500 shares of the business’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $18.79, for a total transaction of $46,975.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 31,860 shares of company stock worth $646,973. 0.60% of the stock is owned by company insiders.

About JetBlue Airways Corporation

JetBlue Airways Corporation is a passenger carrier company

JetBlue Airways Corporation (NASDAQ:JBLU) last posted its quarterly earnings data on Tuesday, July 25th. The transportation company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.08. The company had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.82 billion. JetBlue Airways Corporation had a net margin of 9.78% and a return on equity of 16.75%. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.53 EPS. On average, analysts expect JetBlue Airways Corporation to post $1.79 EPS for the current fiscal year and $1.96 EPS for the next fiscal year.

JetBlue Airways Corporation (JBLU) opened at 20.24 on Tuesday. JetBlue Airways Corporation has a 52-week low of $16.85 and a 52-week high of $24.13. The stock has a market capitalization of $6.66 billion, a PE ratio of 10.27 and a beta of 0.59. The firm has a 50-day moving average of $19.31 and a 200-day moving average of $21.34.

TRADEMARK VIOLATION NOTICE: “JetBlue Airways Corporation (JBLU) to Release Quarterly Earnings on Tuesday” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/17/jetblue-airways-corporation-jblu-to-release-quarterly-earnings-on-tuesday.html.

Several research firms have issued reports on JBLU. Morgan Stanley restated an “equal weight” rating on shares of JetBlue Airways Corporation in a research report on Friday, July 14th. Zacks Investment Research upgraded shares of JetBlue Airways Corporation from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Wednesday, July 12th. BidaskClub lowered shares of JetBlue Airways Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Bank of America Corporation raised their price target on shares of JetBlue Airways Corporation from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, June 30th. Finally, Buckingham Research lowered shares of JetBlue Airways Corporation from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $28.00 to $24.00 in a research report on Wednesday, July 26th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $25.25.

In other JetBlue Airways Corporation news, CEO Robin Hayes sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $22.03, for a total value of $44,060.00. Following the transaction, the chief executive officer now directly owns 406,362 shares in the company, valued at $8,952,154.86. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP George Martin J. St sold 2,500 shares of the business’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $18.79, for a total transaction of $46,975.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 31,860 shares of company stock worth $646,973. 0.60% of the stock is owned by company insiders.

About JetBlue Airways Corporation

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. Its segments include Domestic, and Caribbean & Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.

Earnings History for JetBlue Airways Corporation (NASDAQ:JBLU)

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