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JetBlue Airways Q2 Adjusted Earnings, Revenue Decline; Shares Rise Pre-Bell
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JetBlue Airways Q2 Adjusted Earnings, Revenue Decline; Shares Rise Pre-Bell
Jul 30, 2024 6:22 AM

09:14 AM EDT, 07/30/2024 (MT Newswires) -- JetBlue Airways ( JBLU ) reported Q2 adjusted earnings Tuesday of $0.08 per diluted share, down from $0.45 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.10 per share.

Operating revenue for the quarter ended June 30 was $2.43 billion, down from $2.61 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.40 billion.

JetBlue Airways ( JBLU ) said it expects Q3 revenue to decline 5.5% to 1.5% from a year earlier. Analysts polled by Capital IQ expect $2.37 billion.

For full-year 2024, revenue is expected to decline 6% to 4% from a year earlier, the airline said. Analysts polled by Capital IQ expect $9.37 billion.

JetBlue Airways ( JBLU ) shares were up 5.2% in recent Tuesday premarket activity.

Price: 6.24, Change: +0.31, Percent Change: +5.23

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