JetBlue Airways (JBLU) Projected to Post Quarterly Earnings on Tuesday

JetBlue Airways (NASDAQ:JBLU - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Tuesday, April 29th. Analysts expect JetBlue Airways to post earnings of ($0.61) per share and revenue of $2.17 billion for the quarter.

JetBlue Airways (NASDAQ:JBLU - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The transportation company reported ($0.59) earnings per share for the quarter, topping analysts' consensus estimates of ($0.61) by $0.02. JetBlue Airways had a negative return on equity of 9.31% and a negative net margin of 8.57%. The firm had revenue of $2.14 billion for the quarter, compared to analysts' expectations of $2.17 billion. During the same quarter last year, the business posted ($0.43) EPS. JetBlue Airways's revenue was down 3.1% on a year-over-year basis. On average, analysts expect JetBlue Airways to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

JetBlue Airways Trading Up 0.5 %

JBLU stock traded up $0.02 during mid-day trading on Thursday, reaching $4.38. 38,140,235 shares of the stock traded hands, compared to its average volume of 19,086,798. JetBlue Airways has a 52-week low of $3.34 and a 52-week high of $8.31. The stock's fifty day moving average is $4.88 and its 200-day moving average is $6.22. The company has a market cap of $1.55 billion, a P/E ratio of -1.87 and a beta of 1.69. The company has a current ratio of 1.10, a quick ratio of 1.18 and a debt-to-equity ratio of 3.08.

Insider Activity

In other JetBlue Airways news, Director Nik Mittal acquired 100,000 shares of JetBlue Airways stock in a transaction that occurred on Tuesday, February 4th. The stock was acquired at an average price of $6.14 per share, with a total value of $614,000.00. Following the purchase, the director now owns 116,443 shares in the company, valued at approximately $714,960.02. This trade represents a 608.16 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Ursula L. Hurley sold 15,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $7.50, for a total transaction of $112,500.00. Following the transaction, the chief financial officer now directly owns 41,833 shares in the company, valued at $313,747.50. The trade was a 26.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Seaport Res Ptn downgraded shares of JetBlue Airways from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Barclays reduced their target price on JetBlue Airways from $7.00 to $4.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Citigroup lowered their price target on JetBlue Airways from $7.15 to $4.25 and set a "neutral" rating on the stock in a report on Friday, April 11th. Susquehanna dropped their price target on JetBlue Airways from $6.00 to $4.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. Finally, UBS Group lowered their target price on JetBlue Airways from $5.00 to $3.00 and set a "sell" rating on the stock in a research note on Monday, April 7th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $5.09.

JetBlue Airways Company Profile

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.