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 AAL, Delta Air Lines, Inc. DAL, United Continental Holdings Inc UAL and Hawaiian Holdings, Inc HA.
Upcoming Airline Earnings
JetBlue Airways Corporation 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 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 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 AmericaVA 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.
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