JetBlue Airways: Q3 Earnings Insights

Shares of JetBlue Airways JBLU moved higher by 2.7% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 396.61% year over year to ($1.75), which beat the estimate of ($2.00).

Revenue of $492,000,000 declined by 76.41% from the same period last year, which beat the estimate of $457,150,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 27, 2020

Time: 10:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/jblu/mediaframe/41384/indexr.html

Technicals

Company's 52-week high was at $21.65

52-week low: $6.61

Price action over last quarter: Up 26.63%

Company Overview

JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It carries over millions of customers with an average of more than 1,000 daily flights and served approximately 99 destinations in the United States, the Caribbean, and Latin America. The company currently operates Airbus A321, Airbus A320, and Embraer E190 aircraft types.