Heard from a UAL flight attendant that rumor says UAL is interested in buying JBLU because they want back into JFK.....sorry UAL but EWR is not NYC.
JBLU held an investors conference in Dec. 2016. CEO said they are working on expenses, examining capacity expansion and increasing the roll out of mint in order to increase shareholder value. Where are we in the eight months since then? Down. He couldn't even maintain shareholder value. Thoughts?
When JBLU dropped 62 cents on Mon & Tues we should have known July's traffic would disappoint the street. Now we are down another 2% today. Enough said. Mr Robin Hayes, what do you think?
July data looks pretty good vs last year: Revenue passengers up 6.3%. Traffic increased 5.1% from July 2016, on a capacity increase of 5.9%t. Capacity increase should mitigate overbooking.
Big upgrade from Schwab up almost 40 points on their rating system
Wow. I knew "chartism" was stupid, but this is really testing the limits of "stupid". I already own too much, but I have a buy order in if it's actually stupid enough to go below $21.50 again. I'm not worried about holding too much of this because the fundamentals are just so good. If PPS stays this low for too long, there'll be a buy-out. I hope that doesn't happen, because as a customer, I'd like JetBlue to continue to exist, but if the share price continues to be this irrationally low, it simply will happen.
LOL, downgrade from Buckingham? It is not an financial investment institution but a Service company - you pay for a publication. Who paid it?
Do your DD. Cheers!
Gerry's investments smell like a pile of manure...
LOL, this is so freaking redicilous !
I have been long JBLU. With PE of 12, EPS at over 1.87, why should I own this stock? Goes down after destroying earnings? Terrible!
Then sell the stock girls
CFRA KEEPS STRONG BUY OPINION ON SHARES OF JETBLUE AIRWAYS 10:30 AM ET 7/25/17 | CFRA We raise our 12-month target price by $2 to $32, an enterprise-value-to-EBITDAR (EBITDA plus aircraft rent) multiple of 8X our '18 EBITDAR estimate, pushing the valuation out a year and applying a multiple higher than the peer average of about 7X, but in line with JBLU's historical range. We raise our '17 estimate to $2.05 from $1.77 and '18's to $2.17 from $1.99, based on a better revenue environment. JBLU Q2 adjusted EPS of $0.64 vs. $0.53 beat our $0.48 estimate with better-than-expected revenue increase of 12%. We are positive on debt reduction efforts as well.
So they cut back on some nonprofitable routes. Sounds like good business to me. I'm looking for a buy point. The earnings surprise has to count for something. Was disappointing about the short term drop. No worries, take your hit, and load up again in the future.
Tomorrow's earnings announcement should be good news - I am in at 23.17, let's make tomorrow a good day.
Someone explain to me why the stock is down after a good earnings report???
ATSG check it out. My tip of the day ... Amazon play.
This has been going on for 2 years now. JBLU up 11% this year, numbers were good. Shorts in control for now. Wall street pigs can't ignore good numbers forever. Soon reversal will take place can't ignore good performance forever. will wake up to 1/2/3 dollar gains soon.