Skift Take

Low fuel prices are helping make everyone a winner this quarter.

JetBlue Airways Corp. on Tuesday reported second-quarter profit of $152 million.

On a per-share basis, the Long Island City, New York-based company said it had profit of 44 cents.

The results matched Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of 44 cents per share.

The airline posted revenue of $1.61 billion in the period, also meeting Street forecasts.

JetBlue shares have climbed 41 percent since the beginning of the year. The stock has climbed 96 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

Subscribe to Skift Pro

Subscribe to Skift Pro to get unlimited access to stories like these ($30/month)

Subscribe Now

Tags: earnings, jetblue airways

Photo credit: A JetBlue passenger using Apple Pay for an in-flight purchase. JetBlue

Up Next

Loading next stories