Investing.com - JetBlue reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JetBlue announced earnings per share of $-0.12 on revenue of $1.97B. Analysts polled by Investing.com anticipated EPS of $-0.1784 on revenue of $1.92B.
JetBlue shares are up 1% from the beginning of the year and are trading at $14.74 , down-from-52-week-high.They are under-performing the Nasdaq which is up 18.14% from the start of the year.
JetBlue follows other major Transportation sector earnings this month
JetBlue's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.71 on revenue of $23.18B, compared to forecasts EPS of $2.55 on revenue of $22.58B.
Union Pacific had beat expectations on Thursday with third quarter EPS of $2.57 on revenue of $5.57B, compared to forecast for EPS of $2.48 on revenue of $5.41B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar