Airline stocks are flying high so far in 2021 as investors anticipate a booming summer travel season and a return to business travel in coming quarters.
On .
The trading price of JetBlue Airways Corporation (NASDAQ:JBLU) floating lower at last check on Wednesday, June 9, closing at $19.01, -1.66% lower than its previous close. Get the hottest stocks to trade every day before the market opens 100% free. Click here now. Traders who pay close attention to
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JetBlue Airways Posts Wider Adj. Loss In Q1
WASHINGTON (dpa-AFX) - JetBlue Airways Corporation (JBLU) reported a first quarter adjusted loss per share of $1.48 compared to a loss of $0.42, prior year. On average, 14 analysts polled by Thomson Reuters expected the company to report a loss per share of $1.69, for the quarter. Analysts estimates typically exclude special items.
First quarter net loss was $247 million compared to a loss of $268 million, last year. Loss per share was $0.78 compared to a loss of $0.97.
First quarter total operating revenues declined to $733 million from $1.59 billion, previous year. Analysts expected revenue of $682.79 million, for the quarter.
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JetBlue (NASDAQ:JBLU) announced it has officially launched service between New York’s John F. Kennedy International Airport (JFK) and Guatemala City’s La Aurora International Airport (GUA), with the first roundtrip flight arriving back in New York this morning. JetBlue now offers the only daily service between New York City and Guatemala’s capital city and introduces the airline’s award-winning service and low fares to one of the largest markets in Central America.