3 Years Ago
1 Min Read
JBLU down -6%. Here's what's happening:
Jetblue Airways Cp (JBLU) is trading -6% lower at $8.045 today.
- Q2 below analysts' expectations
- Plans to reduce capacity for remainder of the year
- Operating revenue $2.45B, +63.1% year-over-year, below consensus of $2.46B
- Capacity +2.3% year over year versus +2%-3% guidance
- Operating expenses per available seat mile: +34.7% year over year versus +15%-17% guidance
- Adjusted operating margin -2.8%.
Jetblue Airways Cp has been trading between a 52-week high of $16.65 and a 52-week low of $7.87. The stock has a market cap of $2.58 Billion.
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan. JetBlue carries customers across the U.S., Caribbean and Latin America.
Headlines
Uber, Pinterest, Cowen and More Stock Market Movers Tuesday
Barron''s 08-02-22
Infographic: Key highlights from JetBlue (JBLU) Q2 2022 earnings results
AlphaStreet 08-02-22
JetBlue Airways Posts Adj. Loss In Q2
Finanz Nachrichten 08-02-22
JetBlue stock slips as earnings miss highlights elevated costs (NASDAQ:JBLU)
Seeking Alpha 08-02-22
Recap: JetBlue Airways Q2 Earnings
Benzinga 08-02-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:
bronzewhale - 2 upvotes - source
JBLU stock price surprisingly stable after EPS miss of 327%
CUTON1C - 1 upvotes - source
Anyone playing $JBLU earnings?
Outrageous-Win-9449 - 1 upvotes - source
JBLU, TWTR, SOFI, BITO and one ticker I can’t mention here. Plus I’m an esteemed SARK shareholder
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