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JetBlue Announces Second Quarter 2020 Results

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JetBlue Airways (JBLU) Misses Q2 EPS by 10c, Revenues Miss

July 28, 2020 7:06 AM EDT

JetBlue Airways (NASDAQ: JBLU) reported Q2 EPS of ($2.02), $0.10 worse than the analyst estimate of ($1.92). Revenue for the quarter came in at $215 million versus the consensus estimate of $221.85 million.

Reported GAAP loss per share of ($1.18) in the second quarter of 2020 compared to a diluted earnings per share of $0.59 in the second quarter of 2019. Adjusted loss per share was ($2.02)(1) in the second quarter of 2020 versus adjusted diluted earnings per share of $0.60(1) in the second quarter of 2019. Note A to this earnings release includes the GAAP to Non-GAAP reconciliation between reported and adjusted diluted... More