JetBlue Airways (JBLU) Projected to Post Quarterly Earnings on Tuesday

JetBlue Airways (NASDAQ:JBLU - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to post earnings of ($0.60) per share and revenue of $2.17 billion for the quarter.

JetBlue Airways (NASDAQ:JBLU - Get Free Report) last issued its earnings results on Tuesday, January 28th. The transportation company reported ($0.21) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.42) by $0.21. JetBlue Airways had a negative net margin of 8.57% and a negative return on equity of 9.31%. During the same period in the previous year, the firm earned ($0.19) earnings per share. On average, analysts expect JetBlue Airways to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

JetBlue Airways Trading Down 1.5 %

NASDAQ:JBLU opened at $3.88 on Friday. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of -1.66 and a beta of 1.69. The company has a quick ratio of 1.18, a current ratio of 1.10 and a debt-to-equity ratio of 3.08. The company's 50 day moving average price is $5.11 and its 200-day moving average price is $6.29. JetBlue Airways has a 52 week low of $3.34 and a 52 week high of $8.31.

Analyst Ratings Changes

A number of analysts have commented on the company. UBS Group reduced their target price on JetBlue Airways from $5.00 to $3.00 and set a "sell" rating for the company in a report on Monday, April 7th. Barclays reduced their price objective on JetBlue Airways from $7.00 to $4.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Bank of America lowered their target price on shares of JetBlue Airways from $5.25 to $4.25 and set an "underperform" rating on the stock in a research note on Thursday, April 3rd. Citigroup reduced their price target on shares of JetBlue Airways from $7.15 to $4.25 and set a "neutral" rating for the company in a research note on Friday, April 11th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of JetBlue Airways from a "buy" rating to a "hold" rating and lowered their price objective for the company from $9.00 to $7.00 in a research report on Tuesday, March 4th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, JetBlue Airways currently has an average rating of "Hold" and a consensus target price of $5.09.

Insider Buying and Selling

In other news, Director Nik Mittal purchased 100,000 shares of the company's stock in a transaction on Tuesday, February 4th. The stock was acquired at an average cost of $6.14 per share, for a total transaction of $614,000.00. Following the completion of the transaction, the director now directly owns 116,443 shares in the company, valued at $714,960.02. This trade represents a 608.16 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Ursula L. Hurley sold 15,000 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $7.50, for a total transaction of $112,500.00. Following the sale, the chief financial officer now owns 41,833 shares in the company, valued at $313,747.50. The trade was a 26.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.18% of the stock is owned by insiders.

About JetBlue Airways

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.

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