JetBlue Airways (JBLU) to Release Quarterly Earnings on Tuesday

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

JetBlue Airways (NASDAQ:JBLU - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The transportation company reported ($0.59) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.61) by $0.02. JetBlue Airways had a negative net margin of 8.57% and a negative return on equity of 9.31%. The firm had revenue of $2.14 billion during the quarter, compared to analysts' expectations of $2.17 billion. During the same period in the prior year, the company posted ($0.43) EPS. The company'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 1.0 %

NASDAQ:JBLU traded up $0.04 on Wednesday, reaching $4.22. 32,342,145 shares of the stock traded hands, compared to its average volume of 18,878,894. The company has a current ratio of 1.10, a quick ratio of 1.18 and a debt-to-equity ratio of 3.08. JetBlue Airways has a 1-year low of $3.34 and a 1-year high of $8.31. The company's 50 day moving average is $4.99 and its 200-day moving average is $6.25. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of -1.80 and a beta of 1.69.

Insiders Place Their Bets

In other JetBlue Airways news, CFO Ursula L. Hurley sold 15,000 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $7.50, for a total value of $112,500.00. Following the completion of the sale, the chief financial officer now directly owns 41,833 shares of the company's stock, valued at $313,747.50. The trade was a 26.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Nik Mittal acquired 100,000 shares of JetBlue Airways stock in a transaction dated Tuesday, February 4th. The shares were bought at an average cost of $6.14 per share, for a total transaction of $614,000.00. Following the completion of the purchase, the director now directly owns 116,443 shares of the company's stock, valued at approximately $714,960.02. The trade was a 608.16 % increase in their position. The disclosure for this purchase can be found here. Insiders own 1.18% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on JBLU. Seaport Res Ptn lowered JetBlue Airways from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 28th. Raymond James raised shares of JetBlue Airways from a "market perform" rating to an "outperform" rating and set a $5.00 price objective on the stock in a research report on Monday, April 7th. Susquehanna decreased their target price on JetBlue Airways from $6.00 to $4.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. Deutsche Bank Aktiengesellschaft cut JetBlue Airways from a "buy" rating to a "hold" rating and reduced their price objective for the company from $9.00 to $7.00 in a research note on Tuesday, March 4th. Finally, Citigroup lowered their target price on JetBlue Airways from $7.15 to $4.25 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Five 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.