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JetBlue Airways (NASDAQ:JBLU) Sees Large Volume Increase Following Earnings Beat
['Max Byerly']
Ticker Report
JetBlue Airways Corporation (NASDAQ:JBLU – Get Free Report) shares saw unusually-high trading volume on Tuesday following a stronger than expected earnings report.
JetBlue Airways had a negative net margin of 7.78% and a negative return on equity of 32.76%.
Get JetBlue Airways alerts:JetBlue Airways News SummaryHere are the key news stories impacting JetBlue Airways this week:Positive Sentiment: JetBlue reported second-quarter adjusted EPS of a $0.66 loss, beating the $0.69 consensus estimate, while revenue rose 14.5% year over year to $2.70 billion, slightly exceeding expectations.
Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JetBlue Airways in a research note on Friday, July 17th.
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