JetBlue Airways Corporation Earnings: A Comeback Has Begun
JetBlue Airways (NASDAQ: JBLU) started 2017 in disappointing fashion, as earnings plunged by 59% in the first quarter. However, management remained optimistic that results would improve in short order.
Indeed, JetBlue bounced back in a big way in the second quarter, boosted by the favorable timing of Easter. As a result, it logged double-digit increases in revenue and earnings last quarter. Furthermore, its outlook for the rest of the year is solid.
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Source: Fool.com