JetBlue Airways Q2 2024 Adj. EPS $0.08 Beats $(0.13) Estimate, Sales $2.428B Beat $2.397B Estimate
Portfolio Pulse from Benzinga Newsdesk
JetBlue Airways (NASDAQ:JBLU) reported Q2 2024 adjusted EPS of $0.08, significantly beating the analyst estimate of $(0.13). Sales were $2.428 billion, also surpassing the $2.397 billion estimate. However, both EPS and sales were down compared to the same period last year.
July 30, 2024 | 10:03 am
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JetBlue Airways reported Q2 2024 adjusted EPS of $0.08, beating the analyst estimate of $(0.13) by 161.54%. Sales were $2.428 billion, surpassing the $2.397 billion estimate. Despite the beats, both EPS and sales were down compared to the same period last year.
JetBlue's earnings and sales both beat analyst estimates, which is a positive short-term indicator for the stock price. However, the year-over-year decline in both metrics may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100