JetBlue Sees Q4 Revenue Down 6.5-10.5% YoY, Sees FY23 Revenue Up 3-5% YoY
Portfolio Pulse from Bill Haddad
JetBlue Airways Corporation (NASDAQ: JBLU) expects its Q4 revenue to decrease by 6.5-10.5% YoY, but anticipates a 3-5% YoY increase in FY23 revenue.
October 31, 2023 | 10:35 am
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NEUTRAL IMPACT
JetBlue's Q4 revenue is expected to decline by 6.5-10.5% YoY, but FY23 revenue is projected to increase by 3-5% YoY.
The news directly pertains to JetBlue's revenue forecast. The expected Q4 revenue decline might negatively impact the stock in the short term. However, the projected increase in FY23 revenue could offset this impact, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100