Barclays Lowers Estimates on JetBlue Airways (JBLU); RASM Guidance Weak Despite Easy Comps

Article Stock Quotes (1) Comments (0)

Barclays maintains an 'Equalweight' on JetBlue Airways (NASDAQ: JBLU) price target of $6.00.

Analyst, David E. Fintzen, said, "While May's result was generally in line with recent guidance, a softer-than-expected June preview suggests that JBLU's relative RASM performance in both June and 2Q is likely weaker than we had expected."

Fintzen cuts Q2 EPS estimate from $0.17 to $0.14, FY12 from $0.62 to $0.60, but maintains FY13 at $0.75.

For an analyst ratings summary and ratings history on JetBlue Airways click here. For more ratings news on JetBlue Airways click here.

Shares of JetBlue Airways closed at $5.07 yesterday, with a 52 week range of $3.40-$6.32.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: UBS Downgrades Carnival (CCL) to Neutral; Worst May Not Be Behind
• Goldman Sachs Upgrades Meritor (MTOR) to Buy
• First Time Cruisers Pass on Carnival (CCL); Wells Fargo Cuts to Market Perform

Create E-mail Alert Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View

Related Entities

Barclays

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?