JetBlue Airways (JBLU) Set to Announce Quarterly Earnings on Tuesday

JetBlue Airways (NASDAQ:JBLU) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, July 30th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

JetBlue Airways Trading Up 3.0 %

NASDAQ:JBLU opened at $6.21 on Monday. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of -2.51 and a beta of 1.93. JetBlue Airways has a one year low of $3.42 and a one year high of $7.97. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.51 and a current ratio of 0.54. The business’s 50-day simple moving average is $5.76 and its 200 day simple moving average is $6.14.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on JBLU. Barclays cut their price target on shares of JetBlue Airways from $6.00 to $5.00 and set an “underweight” rating on the stock in a report on Monday, May 6th. JPMorgan Chase & Co. cut their target price on shares of JetBlue Airways from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 24th. Citigroup cut their price objective on JetBlue Airways from $6.90 to $6.50 and set a “neutral” rating on the stock in a research note on Wednesday, May 29th. Evercore ISI lifted their target price on JetBlue Airways from $5.00 to $8.00 and gave the stock an “in-line” rating in a research report on Thursday, April 4th. Finally, Susquehanna upped their price target on JetBlue Airways from $5.00 to $6.00 and gave the company a “neutral” rating in a research report on Tuesday, April 9th. Five equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, JetBlue Airways presently has a consensus rating of “Hold” and a consensus price target of $5.55.

JetBlue Airways Company Profile

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.