From The Motley Fool · Rich Smith · · 40s
JetBlue Stock Bounces After Q3 Earnings
JetBlue stock surged 13.9% after Q3 earnings showed strong revenue despite losses.
In brief
JetBlue stock surged 13.9% after Q3 earnings showed strong revenue despite losses. JetBlue stock rose 13.9% following Q3 results with $0.60 per share loss and $2.8 billion revenue. Originally reported by The Motley Fool.
JetBlue Stock Crashes Before Earnings
JetBlue stock dropped 10% ahead of Q3 earnings report due to bankruptcy fears.
Q3 Earnings Results
JetBlue reported $0.60 per share loss and $2.8 billion revenue, missing analyst expectations.
Strong Revenue Growth
JetBlue saw 21% operating revenue growth and 18.4% RASM growth year-over-year.
Fuel Costs Impact
JetBlue's fuel costs rose 57% year over year, preventing profitability despite revenue gains.
At a glance
JetBlue stock rose 13.9% following Q3 results with $0.60 per share loss and $2.8 billion revenue.
