JetBlue Airways (NASDAQ:JBLU) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, January 25th. Analysts expect JetBlue Airways to post earnings of $0.30 per share for the quarter.

JetBlue Airways (NASDAQ:JBLU) last announced its earnings results on Tuesday, October 24th. The transportation company reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.52 by $0.03. JetBlue Airways had a return on equity of 15.95% and a net margin of 9.38%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the previous year, the company earned $0.58 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, analysts expect JetBlue Airways to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of JetBlue Airways (NASDAQ JBLU) opened at $22.45 on Thursday. JetBlue Airways has a 52-week low of $18.05 and a 52-week high of $24.13. The stock has a market capitalization of $7,200.00, a PE ratio of 11.45 and a beta of 0.68. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.56 and a current ratio of 0.56.

JetBlue Airways announced that its Board of Directors has initiated a share buyback program on Wednesday, December 13th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the transportation company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

In other JetBlue Airways news, Director Joel Clinton Peterson sold 5,120 shares of JetBlue Airways stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $18.96, for a total value of $97,075.20. Following the completion of the transaction, the director now directly owns 539,702 shares in the company, valued at $10,232,749.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP James G. Hnat sold 2,000 shares of JetBlue Airways stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $21.05, for a total value of $42,100.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 16,665 shares of company stock valued at $343,388. 0.60% of the stock is owned by corporate insiders.

A number of analysts have recently issued reports on the company. BidaskClub raised JetBlue Airways from a “sell” rating to a “hold” rating in a research report on Saturday, January 13th. ValuEngine raised JetBlue Airways from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Cowen reaffirmed a “market perform” rating and set a $24.00 target price (up from $22.00) on shares of JetBlue Airways in a research report on Tuesday, December 12th. Stifel Nicolaus reaffirmed a “hold” rating and set a $23.00 target price (up from $20.00) on shares of JetBlue Airways in a research report on Wednesday, January 10th. Finally, Bank of America lowered JetBlue Airways from a “buy” rating to an “underperform” rating and set a $22.00 target price on the stock. in a research report on Tuesday, January 9th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $24.09.

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JetBlue Airways Company Profile

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, the Caribbean and Latin America. Its segments include Domestic, and Caribbean & Latin America. It operates various kinds of aircrafts, including Airbus A321, Airbus A320 and Embraer E190.

Earnings History for JetBlue Airways (NASDAQ:JBLU)

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