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

June 13, 2012 1:26 PM EDT
Get Alerts JBLU Hot Sheet
Price: $21.73 -0.73%

Rating Summary:
    12 Buy, 10 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 20 | Down: 18 | New: 18
Trade JBLU Now!
Join SI Premium – FREE
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.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View

Related Entities


Add Your Comment