Investing.com - JetBlue reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
JetBlue announced earnings per share of $-0.47 on revenue of $2.45B. Analysts polled by Investing.com anticipated EPS of $-0.1075 on revenue of $2.44B.
JetBlue shares are down 0% from the beginning of the year and are trading at $8.29 , down-from-52-week-high.They are outperforming the S&P 500 which is down 13.59% from the start of the year.
JetBlue shares lost 3.49% in pre-market trade the report.
JetBlue follows other major Industrials sector earnings this month
JetBlue's report follows an earnings beat by United Parcel Service on July 26, who reported EPS of $3.29 on revenue of $24.77B, compared to forecasts EPS of $3.16 on revenue of $24.65B.
Union Pacific had beat expectations on July 21 with second quarter EPS of $2.93 on revenue of $6.27B, compared to forecast for EPS of $2.84 on revenue of $6.12B.
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