JetBlue Announces Third Quarter Results

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Credit Suisse Downgrades JetBlue Airways (JBLU) to Neutral

October 28, 2015 7:15 AM EDT

Credit Suisse downgraded JetBlue Airways (NASDAQ: JBLU) from Outperform to Neutral with a price target of $28.00 (from $32.00).

Analyst J. Yates commented, "We are downgrading to Neutral from Outperform, lowering our TP to $28 (from $32). Our 2015E rises to $1.93 from $1.89 but our 2016/2017E fall to... More

JetBlue Airways (JBLU) Tops Q3 EPS by 1c

October 27, 2015 7:34 AM EDT

JetBlue Airways (NASDAQ: JBLU) reported Q3 EPS of $0.58, $0.01 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.69 billion.

Yield per passenger mile in the third quarter was 14.02 cents, up 0.5% compared to the third quarter of 2014. Passenger revenue per available seat mile (PRASM) for the third quarter 2015... More