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This week we will see a second round of airline stocks deliver earnings. This time, it will be the low cost carriers set to takeoff.
Last week saw several major carriers beat analysts earnings estimates, including American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL), United Continental Holdings Inc (NYSE: UAL) and Hawaiian Holdings, Inc (NASDAQ: HA).
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Upcoming Airline Earnings
JetBlue Airways Corporation (NASDAQ: JBLU) is set to release its earnings before the open on Tuesday. Analysts are looking for $0.60 earnings per share on revenue of $1.72 billion.
Spirit Airlines Incorporated (NASDAQ: SAVE) will also release earnings on Tuesday before the market opens. Analysts are looking for earnings of $1.14 per share and revenues of $606.87 million for the low cost carrier.
Southwest Airlines Co (NYSE: LUV) will takeoff on earnings when the company reports on Wednesday before the market opens. Analysts are looking for earnings of $0.88 per share and revenues at $5.13 billion.
Virgin America(NASDAQ: VA) doesn't have a set date for its earnings release yet. Analysts are looking for earnings of $1.00 per share with a revenue target of $447.96 million.
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.