Previous close | 6.76 |
Open | 6.97 |
Bid | 5.60 x 100000 |
Ask | 5.73 x 300000 |
Day's range | 5.74 - 6.97 |
52-week range | 3.31 - 8.80 |
Volume | |
Avg. volume | 71 |
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 |
JetBlue lowered its 2024 outlook in a setback toward profitability.
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
U.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Tesla kicked off the earnings cycle for technology heavyweights after markets closed on Tuesday, announcing the launch of new electric vehicle models and quarterly revenue that missed analyst estimates. Markets were also buoyed by upbeat earnings from companies such as General Motors, which closed up 4.4% after the automaker's better-than-expected quarterly results.