JetBlue Airways (JBLU) Tops Q2 EPS by 2c

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JetBlue Announces Second Quarter 2018 Results

July 24, 2018 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the second quarter 2018:

Reported diluted loss per share of $0.38, inclusive of $319 million pre-tax impairment charge on E190 assets. Excluding this charge, adjusted diluted earnings per share of $0.38(1). This compares to JetBlues second quarter 2017 diluted earnings per share of $0.62. Pre-tax loss of $160 million, inclusive of the E190 asset impairment charge. Excluding this charge, adjusted pre-tax income of $159 million(1), a decrease of 51.1% from the second quarter of 2017. Pre-tax margin of... More