July 28, 2015 8:13 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
(NASDAQ: JBLU) reported in-line earnings for the second quarter on Tuesday.The Long Island City, New York-based company posted quarterly net income of $152 million, or $0.44 per share, compared to $230 million, or $0.68 per share, in the year-ago quarter. Its revenue rose to $1.6 billion from $1.5 billion. However, analysts were expecting a profit of $0.44 per share on revenue of $1.62 billion. The average estimate among 30 Estimize users was for earnings of $0.46 per share and revenue of $1.63 billion.Its operating income climbed to $282 million in the second quarter, versus $141 million in the year-ago quarter. Revenue passenger miles increased 8.7 percent to 10.5 billion, while capacity rose 8.5 percent. Load factor rose 1 point to 85.6 percent. Costs per available seat mile shrank 8.6 percent to 10.86 cents. Yield per passenger mile increased 0.2 percent to 14.28 cents in the second quarter.The company ended the quarter with $915 million in unrestricted cash and short term investments."We are very pleased to report strong second quarter results based on solid demand across our network, safe and efficient operations, and good cost control. I would like to thank our 17,000 crewmembers who continue to inspire humanity on a daily basis." said Robin Hayes, JetBlue's President and CEO.JetBlue projects CASM, excluding fuel and profit sharing, to surge 1 percent to 3 percent for the third quarter and between zero and 1.5 percent in the full year. The company expects capacity growth of 8.5 percent to 10.5 percent in the third quarter, and 7 percent to 9 percent for the full year.JetBlue shares fell 1.67 percent to close at $22.35 yesterday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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