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JetBlue Airways Raises Q3 Revenue Outlook - Shares Gain Pre-Bell
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JetBlue Airways Raises Q3 Revenue Outlook - Shares Gain Pre-Bell
Sep 5, 2024 9:12 PM

09:09 AM EDT, 09/05/2024 (MT Newswires) -- JetBlue Airways ( JBLU ) said in a regulatory filing Thursday that it now expects Q3 revenue growth to range between a 2.5% decrease and a 1% increase. The company previously guided for a revenue drop of 5.5% to 1.5%.

Fuel prices per gallon for the quarter are now expected to be between $2.70 and $2.80, down from the previous range of $2.82 to $2.97, the company said in the filing.

The carrier said it now expects to incur interest expenses ranging from $100 million to $110 million in Q3.

Shares of the company were up more than 4% in recent Thursday premarket activity.

Price: 5.24, Change: +0.21, Percent Change: +4.17

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