Categories AlphaGraphs, Earnings, Industrials
JetBlue Airways (JBLU) swings to loss and revenue plummet 90% in Q2 2020
JetBlue Airways (NASDAQ: JBLU) reported a loss for its second quarter of 2020, both on a GAAP and non-GAAP basis. Revenue plunged 90% annually to $215 million. Both revenue and the non-GAAP loss of $2.02 per share, failed to meet the market’s view.
JBLU stock was trading up about 1% immediately after the earnings announcement.
“As we move into recovery, we have laid out a three-step framework to set JetBlue up for success and emerge stronger. The first is to reduce our cash burn. The second step is to rebuild our margins. The third and last step is to repair our balance sheet,” said CEO Robin Hayes.
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
