JetBlue Airways (JBLU) Tops Q2 EPS by 4c

JetBlue Airways (NASDAQ: JBLU) reported Q2 EPS of $0.53, $0.04 better than the analyst estimate of $0.49. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.65 billion.

Third Quarter and Full Year Outlook

For the third quarter of 2016, year over year CASM excluding fuel and profit sharing is expected to grow between 1% and 3%. For the full year 2016, JetBlue continues to expect year over year CASM excluding fuel and profit sharing to grow between zero and 1.5%.

In the third quarter 2016, capacity is expected to increase between 5.5% and 7.5%. For the full year 2016, JetBlue continues to expect capacity to increase between 8.0% and 9.5%.

For earnings history and earnings-related data on JetBlue Airways (JBLU) click here.

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