Analysts Set Expectations for JetBlue Airways Q2 Earnings

JetBlue Airways Corporation (NASDAQ:JBLU) – Analysts at Zacks Research increased their Q2 2027 earnings per share (EPS) estimates for JetBlue Airways in a report issued on Thursday, December 18th. Zacks Research analyst Team now expects that the transportation company will post earnings per share of $0.04 for the quarter, up from their previous forecast of $0.03. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.69) per share. Zacks Research also issued estimates for JetBlue Airways’ FY2027 earnings at $0.05 EPS.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings results on Tuesday, October 28th. The transportation company reported ($0.40) EPS for the quarter, beating the consensus estimate of ($0.43) by $0.03. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.32 billion. JetBlue Airways had a negative return on equity of 19.87% and a negative net margin of 5.16%.The company’s quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.16) EPS.

JBLU has been the topic of a number of other reports. Susquehanna boosted their price target on shares of JetBlue Airways from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, October 3rd. TD Cowen boosted their target price on JetBlue Airways from $4.00 to $5.00 and gave the company a “hold” rating in a research report on Monday, September 8th. Weiss Ratings restated a “sell (d-)” rating on shares of JetBlue Airways in a research note on Wednesday, October 8th. Morgan Stanley dropped their price objective on JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, December 8th. Finally, UBS Group boosted their price objective on JetBlue Airways from $3.00 to $4.00 and gave the company a “sell” rating in a report on Friday, September 5th. Six research analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $5.04.

JetBlue Airways Trading Up 1.3%

NASDAQ JBLU opened at $4.80 on Friday. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.82 and a quick ratio of 0.77. The stock has a market capitalization of $1.75 billion, a P/E ratio of -3.64 and a beta of 1.76. The firm’s 50-day moving average is $4.52 and its two-hundred day moving average is $4.66. JetBlue Airways has a 12 month low of $3.34 and a 12 month high of $8.31.

Institutional Trading of JetBlue Airways

A number of large investors have recently modified their holdings of JBLU. American Century Companies Inc. boosted its holdings in JetBlue Airways by 7.8% in the first quarter. American Century Companies Inc. now owns 9,457,873 shares of the transportation company’s stock valued at $45,587,000 after purchasing an additional 685,880 shares during the period. Geode Capital Management LLC raised its position in JetBlue Airways by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 7,745,777 shares of the transportation company’s stock valued at $32,770,000 after purchasing an additional 128,622 shares in the last quarter. Par Capital Management Inc. boosted its stake in shares of JetBlue Airways by 105.3% in the 2nd quarter. Par Capital Management Inc. now owns 5,487,425 shares of the transportation company’s stock valued at $23,212,000 after buying an additional 2,814,870 shares during the period. U S Global Investors Inc. grew its position in shares of JetBlue Airways by 25.2% during the second quarter. U S Global Investors Inc. now owns 5,021,419 shares of the transportation company’s stock worth $21,241,000 after buying an additional 1,011,279 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew 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 buying an additional 274,892 shares in the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

JetBlue Airways Company Profile

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.