JetBlue Airways Corporation reports results for the quarter ended September 30 - Earnings Summary

• JetBlue Airways Corporation reported a quarterly adjusted loss of 60 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -40 cents. The mean expectation of sixteen analysts for the quarter was for a loss of 55 cents per share. Wall Street expected results to range from -67 cents to -43 cents per share.

• Revenue rose 21.1% to $2.81 billion from a year ago; analysts expected $2.82 billion.

• JetBlue Airways Corporation's reported EPS for the quarter was a loss of 68 cents​.

• The company reported a quarterly loss of $257 million.

• JetBlue Airways Corporation shares had fallen by 44.0% this quarter and lost 47.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 34.8% in the last three months.​

• In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 13 "hold" and 5 "sell" or "strong sell." The average consensus recommendation for the airlines peer group is "buy."

• Wall Street's median 12-month price target for JetBlue Airways Corporation is $4.00, about 40.8% above its last closing price of $2.37

This summary was machine generated from LSEG data October 27 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)