JetBlue Airways Corp. Earnings Drop In Q3

(RTTNews) - JetBlue Airways Corp. (JBLU) revealed a profit for third quarter that dropped from the same period last year.

The company's bottom line totaled $50 million, or $0.16 per share. This compares with $181 million, or $0.55 per share, in last year's third quarter.

Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.5% to $2.00 billion from $1.81 billion last year.

JetBlue Airways Corp. earnings at a glance:

-Earnings (Q3): $50 Mln. vs. $181 Mln. last year. -EPS (Q3): $0.16 vs. $0.55 last year. -Analysts Estimate: $0.42 -Revenue (Q3): $2.00 Bln vs. $1.81 Bln last year.