JetBlue Airways Corp. Q2 Profit Decreases, But Beats Estimates

(RTTNews) - JetBlue Airways Corp. (JBLU) announced earnings for second quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $25 million, or $0.07 per share. This compares with $138 million, or $0.41 per share, in last year's second quarter.

Excluding items, JetBlue Airways Corp. reported adjusted earnings of $0.08 per share for the period.

Analysts on average had expected the company to earn -$0.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 7.0% to $2.428 billion from $2.610 billion last year.

JetBlue Airways Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $25 Mln. vs. $138 Mln. last year. -EPS (Q2): $0.07 vs. $0.41 last year. -Revenue (Q2): $2.428 Bln vs. $2.610 Bln last year.