Airline Stock #6: JetBlue Airways (JBLU) With rev
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Posted On: 05/08/2017 11:59:20 AM
Airline Stock #6: JetBlue Airways (JBLU)
With revenues of $6.6 billion, JetBlue is still growing. But earnings are expected to shrink 16% this year, so the growth of 11% that’s expected in 2018 won’t even get earnings back to their 2016 levels.
And that’s why the stock has been underperforming the market since late 2015.
https://cabotwealth.com/daily/growth-stocks/b...5-8-17-tim
With revenues of $6.6 billion, JetBlue is still growing. But earnings are expected to shrink 16% this year, so the growth of 11% that’s expected in 2018 won’t even get earnings back to their 2016 levels.
And that’s why the stock has been underperforming the market since late 2015.
https://cabotwealth.com/daily/growth-stocks/b...5-8-17-tim
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