JetBlue Announces Third Quarter 2019 Results
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JetBlue Airways (JBLU) PT Raised to $20 at Cowen
October 22, 2019 3:43 PM EDTCowen analyst Helane Becker raised the price target on JetBlue Airways (NASDAQ: JBLU) to $20.00 (from $19.00) while maintaining a Market Perform rating.
The analyst commented, "JetBlue expects to launch Fare Options 2.0 later in the quarter. Management expects new products to drive $150 MM in revenue in... More
JetBlue Airways (JBLU) Tops Q3 EPS by 7c
October 22, 2019 7:02 AM EDTJetBlue Airways (NASDAQ: JBLU) reported Q3 EPS of $0.59, $0.07 better than the analyst estimate of $0.52. Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $2.08 billion.
Highlights from the Third Quarter 2019
Reported diluted earnings per share of $0.63 in the third quarter of 2019 compared to a diluted earnings per share of $0.16 in the third quarter of 2018. Adjusted diluted earnings per share was $0.59(1) in the third quarter of 2019 versus $0.42(1) in the third quarter of 2018. Note A to this earnings release includes the GAAP to Non-GAAP reconciliation between reported and adjusted... More