Investing.com - JetBlue reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
JetBlue announced earnings per share of $-2.02 on revenue of $215M. Analysts polled by Investing.com anticipated EPS of $-1.94 on revenue of $220.41M.
JetBlue shares are down 45% from the beginning of the year and are trading at $10.23 , down-from-52-week-high.They are under-performing the Nasdaq which is up 17.43% from the start of the year.
JetBlue follows other major Transportation sector earnings this month
JetBlue's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $1.67 on revenue of $4.24B, compared to forecasts EPS of $1.56 on revenue of $4.39B.
Canadian National Railway had beat expectations on July 21 with second quarter EPS of $1.28 on revenue of $3.21B, compared to forecast for EPS of $1.25 on revenue of $3,238M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar