JetBlue Airways (JBLU) Expected to Announce Earnings on Tuesday

JetBlue Airways (NASDAQ:JBLU - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 29th. Analysts expect the company to announce earnings of ($0.37) per share and revenue of $2.26 billion for the quarter.

JetBlue Airways (NASDAQ:JBLU - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The transportation company reported ($0.59) earnings per share for the quarter, beating analysts' consensus estimates of ($0.61) by $0.02. The company had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.17 billion. JetBlue Airways had a negative net margin of 3.12% and a negative return on equity of 11.93%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.43) earnings per share. 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 Stock Performance

JetBlue Airways stock traded down $0.04 during midday trading on Friday, reaching $4.33. 4,820,156 shares of the company traded hands, compared to its average volume of 24,681,701. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of -5.27 and a beta of 1.76. The business has a 50 day moving average of $4.62 and a two-hundred day moving average of $5.32. JetBlue Airways has a 12 month low of $3.34 and a 12 month high of $8.31. The company has a debt-to-equity ratio of 3.31, a current ratio of 1.01 and a quick ratio of 0.97.

Hedge Funds Weigh In On JetBlue Airways

A number of hedge funds and other institutional investors have recently modified their holdings of JBLU. United Services Automobile Association bought a new position in shares of JetBlue Airways during the first quarter worth $106,000. AQR Capital Management LLC boosted its position in shares of JetBlue Airways by 131.2% during the first quarter. AQR Capital Management LLC now owns 90,534 shares of the transportation company's stock worth $436,000 after acquiring an additional 51,377 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of JetBlue Airways by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 185,801 shares of the transportation company's stock worth $896,000 after acquiring an additional 8,053 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of JetBlue Airways by 6.1% during the first quarter. Goldman Sachs Group Inc. now owns 4,789,448 shares of the transportation company's stock worth $23,085,000 after acquiring an additional 274,892 shares during the last quarter. Institutional investors own 83.71% of the company's stock.

Wall Street Analyst Weigh In

JBLU has been the subject of several recent research reports. UBS Group set a $3.00 target price on shares of JetBlue Airways and gave the company a "sell" rating in a research report on Monday, July 7th. Raymond James Financial lowered shares of JetBlue Airways from an "outperform" rating to a "market perform" rating in a research report on Thursday, May 15th. Susquehanna cut their target price on shares of JetBlue Airways from $6.00 to $4.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. Barclays cut their target price on shares of JetBlue Airways from $7.00 to $4.00 and set an "underweight" rating for the company in a research report on Tuesday, April 8th. Finally, Wall Street Zen upgraded shares of JetBlue Airways to a "sell" rating in a research report on Thursday, May 15th. Five analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to MarketBeat, JetBlue Airways has a consensus rating of "Hold" and a consensus price target of $5.16.

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.