JetBlue Airways (NASDAQ: JBLU) reported Q2 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.93 billion.

Key Guidance for the Third Quarter and Full Year 2018:

• Capacity is expected to increase between 7.5% and 9.5% year over year in the third quarter 2018. For the full year 2018, JetBlue expects capacity to increase between 6.5% and 7.5%, including a 2 point reduction to capacity in the fourth quarter of 2018.
• RASM growth is expected to range between flat and 3.0% for the third quarter 2018 compared to the same period in 2017.
• CASM Ex-Fuel is expected to grow between 1.0% and 3.0% for the third quarter of 2018. For the full year 2018, JetBlue expects year over year CASM Ex-Fuel to be between (1.0)% and 1.0%. CASM Ex-Fuel guidance includes accelerated depreciation of approximately $0.4 million per quarter for the balance of 2018, related to the E190 asset impairment.

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