JetBlue Tops On Fare Hikes
One of the leading low-cost airlines JetBlue Airways Corporation (NASDAQ:JBLU) reported first quarter 2012 adjusted earnings per share of 9 cents. The quarter’s earnings outpaced the Zacks Consensus Estimate by 2 cents and the year-ago earnings by 8 cents. Despite the lingering macro concerns and surging fuel prices, the outperformance was attributable to fare hikes, [...]
One of the leading low-cost airlines JetBlue Airways Corporation (NASDAQ:JBLU) reported first quarter 2012 adjusted earnings per share of 9 cents. The quarter’s earnings outpaced the Zacks Consensus Estimate by 2 cents and the year-ago earnings by 8 cents.
Despite the lingering macro concerns and surging fuel prices, the outperformance was attributable to fare hikes, which led to strong revenue.
Revenue
Total revenue climbed 18.9% year over year to $1.20 billion, surpassing the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
