JetBlue Announces Third Quarter 2020 Results

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JetBlue Airways (JBLU) PT Raised to $13 at Cowen Following Results

October 27, 2020 3:41 PM EDT

Cowen analyst Helane Becker raised the price target on JetBlue Airways (NASDAQ: JBLU) to $13.00 (from $10.00) while maintaining a Market Perform rating following results, which showed improved demand & revenue trends as leisure and VFR traffic continue to improve.

The analyst commented, "JetBlue is seeing... More

JetBlue Airways (JBLU) Tops Q3 EPS by 25c, Revenues Fall 76% But Beat Views

October 27, 2020 7:08 AM EDT

JetBlue Airways (NASDAQ: JBLU) reported Q3 EPS of ($1.75), $0.25 better than the analyst estimate of ($2.00). Revenue for the quarter came in at $492 million versus the consensus estimate of $457.15 million.

Third quarter 2020 revenue declined 76% year over year as a result of the... More