JetBlue Airways Corp. (JBLU) announced Loss for its third quarter that Increased from last year and beat the Street estimates.
The company's earnings came in at -$143 million, or -$0.39 per share. This compares with -$60 million, or -$0.17 per share, last year.
Excluding items, JetBlue Airways Corp. reported adjusted earnings of -$144 million or -$0.40 per share for the period.
Analysts on average had expected the company to earn -$0.42 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.8% to $2.322 billion from $2.365 billion last year.
JetBlue Airways Corp. earnings at a glance (GAAP) :
-Earnings: -$143 Mln. vs. -$60 Mln. last year.-EPS: -$0.39 vs. -$0.17 last year.-Revenue: $2.322 Bln vs. $2.365 Bln last year.
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