JetBlue Airways shares are trading lower after the company reported worse-than-expected Q3 financial results and announced expectations for FY24 and Q4 revenue declines.
Portfolio Pulse from Benzinga Newsdesk
JetBlue Airways shares fell after the company reported disappointing Q3 financial results and projected revenue declines for FY24 and Q4.
October 29, 2024 | 1:37 pm
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JetBlue Airways reported worse-than-expected Q3 financial results and anticipates revenue declines for FY24 and Q4, leading to a drop in share price.
The company's worse-than-expected Q3 results and forecasted revenue declines for FY24 and Q4 are likely to negatively impact investor sentiment, leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100