JetBlue Airways Corp. Announces 151% Rise In Q3 Profit

(RTTNews) - JetBlue Airways Corp. (JBLU) revealed a profit for its third quarter that climbed from last year.

The company said its bottom line totaled $198 million, or $0.58 per share. This was up from $79 million, or $0.24 per share, in last year's third quarter.

Analysts had expected the company to earn $0.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.5% to $1.69 billion. This was up from $1.53 billion last year.

JetBlue Airways Corp. earnings at a glance:

-Earnings (Q3): $198 Mln. vs. $79 Mln. last year. -Earnings Growth (Y-o-Y): 150.6% -EPS (Q3): $0.58 vs. $0.24 last year. -EPS Growth (Y-o-Y): 141.7% -Analysts Estimate: $0.57 -Revenue (Q3): $1.69 Bln vs. $1.53 Bln last year. -Revenue Change (Y-o-Y): 10.5%