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JetBlue Airways Corp (JAW.MU)
| Previous close | 6.62 |
| Open | 6.96 |
| Bid | 5.96 x N/A |
| Ask | 6.03 x N/A |
| Day's range | 6.96 - 6.96 |
| 52-week range | 3.48 - 8.49 |
| Volume | |
| Avg. volume | 0 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 23 Apr 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
JetBlue stock tumbles on full-year guidance cut, Q1 results
Shares of JetBlue Airways (JBLU) plunge ahead of Tuesday's market open, despite the airline reporting better-than-expected first-quarter earnings results. While JetBlue narrowly surpassed revenue estimates — posting $2.21 billion compared to analyst expectations of $2.2 billion — and reported better-than-anticipated adjusted losses per share, the company slashed its full-year revenue outlook. JetBlue forecasts elevated capacities in its Latin American region will put pressure on revenue growth going forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
ReutersJetBlue lowers annual revenue forecast as Latin America oversupply bites
Struggling to return to profitability, JetBlue last month outlined plans to cut some of its routes and markets that were unprofitable, including Bogota in Colombia and Lima in Peru, and reallocate resources to better-performing regions. The Caribbean and Latin American regions represented more than 33% of JetBlue's overall capacity in 2023, a regulatory filing showed. JetBlue now expects fiscal 2024 revenue to decline in the low-single-digit percentage range, compared with its prior forecast for revenue to be roughly flat.
GuruFocus.comJetBlue Airways Corp (JBLU) Q1 2024 Earnings: Misses Analyst Forecast Amid Strategic Adjustments
JetBlue Faces Challenges Despite Strategic Initiatives, Aiming for Future Profitability
