JetBlue Airways Reports Third Quarter Earnings Miss on EPS and Revenue
JetBlue Airways (JBLU) reported third-quarter financial results that fell short of market expectations. The airline posted a Non-GAAP earnings per share (EPS) of -$0.60, missing estimates by $0.05, while total revenue reached $2.8 billion, falling $30 million below projected figures. Despite the miss, JetBlue saw significant year-over-year growth, with revenue increasing by 20.7%. The company also reported a 2.3% increase in system capacity compared to the previous year, which remains consistent with its revised guidance range of 1.5% to 3.5%.
Tickers: $JBLU
Topics: capacity guidance earnings miss revenue growth
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