JetBlue Airways (NASDAQ:JBLU) is set to issue its quarterly earnings data before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $0.20 per share for the quarter.
JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings data on Thursday, January 25th. The transportation company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.02). The business had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.75 billion. JetBlue Airways had a net margin of 16.35% and a return on equity of 13.57%. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.50 earnings per share. On average, analysts expect JetBlue Airways to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
JetBlue Airways stock opened at $19.77 on Tuesday. The company has a market capitalization of $6,195.77, a PE ratio of 11.56, a price-to-earnings-growth ratio of 0.55 and a beta of 0.55. JetBlue Airways has a 12 month low of $18.05 and a 12 month high of $24.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.50 and a quick ratio of 0.48.
Several analysts recently commented on the company. BidaskClub upgraded JetBlue Airways from a “sell” rating to a “hold” rating in a research report on Saturday, January 13th. ValuEngine upgraded JetBlue Airways from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Stifel Nicolaus reiterated a “hold” rating and set a $23.00 price target (up from $20.00) on shares of JetBlue Airways in a research report on Wednesday, January 10th. Bank of America cut JetBlue Airways from a “buy” rating to an “underperform” rating and set a $22.00 price target for the company. in a research report on Tuesday, January 9th. Finally, Cowen reiterated a “market perform” rating and set a $23.00 price target (down from $24.00) on shares of JetBlue Airways in a research report on Friday, January 26th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $24.63.
In other JetBlue Airways news, VP Alexander Chatkewitz sold 3,000 shares of the business’s stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $22.58, for a total transaction of $67,740.00. Following the transaction, the vice president now owns 3,096 shares of the company’s stock, valued at $69,907.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP James G. Hnat sold 5,000 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $20.84, for a total value of $104,200.00. Following the transaction, the executive vice president now directly owns 9,555 shares in the company, valued at approximately $199,126.20. The disclosure for this sale can be found here. Insiders have sold 14,000 shares of company stock worth $296,420 in the last three months. 0.63% of the stock is currently owned by corporate insiders.
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About JetBlue Airways
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.
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