Earnings Preview For JetBlue Airways
Portfolio Pulse from Benzinga Insights
JetBlue Airways (NASDAQ:JBLU) is scheduled to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $-0.28. Investors are looking for an earnings beat and positive guidance for future growth. Historically, JetBlue's stock price has been sensitive to earnings performance and guidance. Last quarter, the company missed EPS estimates, resulting in a 1.86% share price drop. Over the past year, JBLU shares have declined by 31.37%.
January 29, 2024 | 4:01 pm
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JetBlue Airways is anticipated to report an EPS of $-0.28 for the upcoming earnings. Investors are focused on potential earnings beat and positive future guidance. Historical data shows stock price sensitivity to earnings outcomes. Shares have fallen 31.37% over the last year.
JetBlue's stock price has historically shown sensitivity to earnings reports and guidance, with price changes following the past four earnings releases. The anticipation of the report may already be factored into the current stock price, but any surprise in earnings or guidance could lead to significant short-term price movement. Given the recent negative trend, investors may have low expectations, which could mitigate the impact of a negative report or amplify the impact of a positive one.
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