JetBlue Announces Second Quarter Results

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Imperial Capital Raises Price Target on JetBlue Airways (JBLU) Following In-Line 2Q EPS

July 29, 2015 8:25 AM EDT

Imperial Capital reiterated an Outperform rating on JetBlue Airways (NASDAQ: JBLU), and raised the price target to $30.00 (from $25.00), following 2Q15. JBLU reported 2Q15 EPS of $0.44, in-line with consensus. JetBlue reported 2Q15 PRASM growth of 1.4% from 2Q14 levels.

Analyst Bob McAdoo commented, "We are... More

JetBlue Airways (JBLU) Reports In-Line Q2 EPS

July 28, 2015 7:33 AM EDT

JetBlue Airways (NASDAQ: JBLU) reported Q2 EPS of $0.44, in-line with the analyst estimate of $0.44. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.62 billion.

JetBlue reported record second quarter operating revenues of $1.6 billion. Revenue passenger miles for the second quarter increased 8.7% to 10.5 billion on a capacity increase of 7.5%, resulting in a second quarter load factor of... More