JetBlue Airways Corporation Earnings: Profit Sinks in a Challenging Environment
Three months ago, JetBlue Airways (NASDAQ: JBLU) appeared to be turning the corner, having stabilized its profitability. Unfortunately, a pair of hurricanes that hit some of its most important markets derailed JetBlue's profits during the third quarter.
Even so, JetBlue managed to post stronger results than most of its competitors last quarter. While hurricane-related revenue headwinds will continue to pressure JetBlue's performance in the fourth quarter, the company's strong underlying results bode well for 2018.
Metric
Source: Fool.com