JetBlue Airways (NASDAQ:JBLU) Releases Quarterly Earnings Results, Misses Estimates By $0.05 EPS

JetBlue Airways (NASDAQ:JBLU – Get Free Report) posted its earnings results on Monday. The transportation company reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.05), FiscalAI reports. JetBlue Airways had a negative net margin of 9.32% and a negative return on equity of 45.92%. The company had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same period last year, the business earned ($0.40) earnings per share. The company’s quarterly revenue was up 21.1% on a year-over-year basis.

JetBlue Airways Stock Performance

Shares of NASDAQ:JBLU opened at $2.37 on Tuesday. The firm has a fifty day moving average price of $4.22 and a 200 day moving average price of $4.98. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 5.04. JetBlue Airways has a 1-year low of $2.16 and a 1-year high of $6.62.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Bank of America raised their price objective on JetBlue Airways from $3.50 to $4.00 and gave the stock an “underperform” rating in a report on Wednesday, July 1st. The Goldman Sachs Group lifted their target price on JetBlue Airways from $3.50 to $4.50 and gave the stock a “sell” rating in a research report on Thursday, July 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a report on Thursday, October 15th. TD Cowen decreased their target price on JetBlue Airways from $6.00 to $5.00 and set a “hold” rating for the company in a research report on Monday, August 24th. Finally, BMO Capital Markets decreased their target price on JetBlue Airways from $6.75 to $5.25 and set a “market perform” rating for the company in a research report on Monday, September 28th. Nine analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $4.98.

Read Our Latest Report on JetBlue Airways

Key JetBlue Airways News

Here are the key news stories impacting JetBlue Airways this week:

  • Positive Sentiment: JetBlue reported third-quarter operating revenue of approximately $2.81 billion, up 21.1% from the prior-year period. Management cited resilient demand, strong yields and improving margins, while saying momentum continued into the fourth quarter. JetBlue Announces Third Quarter 2026 Results
  • Positive Sentiment: The company is continuing a turnaround plan focused on reducing costs and increasing premium revenue, and it highlighted efforts to strengthen its Fort Lauderdale operation. JetBlue posts strong Q3 results, boosts Fort Lauderdale
  • Neutral Sentiment: UBS upgraded JetBlue from Sell to Neutral, potentially reducing some analyst pressure, although the change does not address the airline’s balance-sheet risks. UBS upgrades JetBlue Airways to neutral from sell
  • Negative Sentiment: JetBlue posted a third-quarter loss of $0.60 per share, wider than the $0.40 loss a year earlier and worse than the $0.55 consensus estimate. Revenue also fell slightly short of expectations, while higher fuel costs pressured margins. JetBlue Airways Reports Q3 Loss
  • Negative Sentiment: Creditors reportedly hired restructuring advisers amid falling bond prices, rising fuel costs and JetBlue’s roughly $8.5 billion debt burden. The report raised fears that lenders could advocate for bankruptcy protection, intensifying concerns about liquidity and the company’s highly leveraged balance sheet. JetBlue creditors hire advisors as financial concerns grow

Insider Transactions at JetBlue Airways

In other JetBlue Airways news, CFO Ursula Hurley sold 77,253 shares of JetBlue Airways stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $5.76, for a total value of $444,977.28. Following the transaction, the chief financial officer directly owned 211,099 shares in the company, valued at approximately $1,215,930.24. The trade was a 26.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 83,253 shares of company stock worth $474,477. Company insiders own 2.41% of the company’s stock.

JetBlue Airways Company Profile

(Get Free Report)

JetBlue Airways Corporation is a U.S.-based passenger airline that provides scheduled air transportation to destinations across the United States, the Caribbean, Latin America and select locations in Europe. The company operates primarily from focus cities including New York, Boston, Fort Lauderdale, Orlando and Los Angeles, with a network designed to connect major metropolitan areas and leisure destinations.

JetBlue offers multiple classes and service options, including standard economy seating, extra-legroom EvenMore seats and its premium Mint service on select routes.

See Also

Earnings History for JetBlue Airways (NASDAQ:JBLU)

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