JetBlue Now Expects Q3 Revenue Of (2.5%) - 1.0% Vs Prior Outlook (5.5%) - (1.5%)
Portfolio Pulse from Benzinga Newsdesk
JetBlue has revised its Q3 revenue expectations to a range of -2.5% to 1.0%, an improvement from the previous outlook of -5.5% to -1.5%. This is due to better in-month bookings, especially in Latin America, and progress on revenue initiatives.
September 05, 2024 | 11:11 am
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JetBlue has improved its Q3 revenue outlook due to better bookings and successful revenue initiatives, indicating a positive short-term impact on its stock.
JetBlue's improved revenue outlook suggests better-than-expected financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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