Insights into JetBlue Airways's Upcoming Earnings

JetBlue Airways (NASDAQ:JBLU) will release its quarterly earnings report on Tuesday, 2024-10-29. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate JetBlue Airways to report an earnings per share (EPS) of $-0.30.

The market awaits JetBlue Airways's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

The company's EPS beat by $0.19 in the last quarter, leading to a 3.75% drop in the share price on the following day.

Here's a look at JetBlue Airways's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.11

-0.52

-0.28

-0.25

EPS Actual

0.08

-0.43

-0.19

-0.39

Price Change %

-4.0%

-3.0%

1.0%

-2.0%

JetBlue Airways Share Price Analysis

Shares of JetBlue Airways were trading at $7.18 as of October 25. Over the last 52-week period, shares are up 95.61%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on JetBlue Airways

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on JetBlue Airways.

Analysts have provided JetBlue Airways with 8 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $6.09, suggesting a potential 15.18% downside.

Comparing Ratings Among Industry ...