Why JetBlue Stock Is Flying High on Tuesday
JetBlue(JBLU) The Motley Fool·2024-07-30 17:52
The carrier's Q2 results pleasantly surprised everyone -- including management.Shares of JetBlue (JBLU 17.37%) were soaring Tuesday, up by 17% as of 1 p.m. ET after the discount airline landed a surprise profit in the middle of Wall Street before the opening bell.Heading into the quarterly report, the consensus view among analysts was that the airline would lose $0.11 per share on $2.4 billion in revenue in Q2. They were right about the revenues -- but instead of losing money, JetBlue delivered an $0.08 per ...