LONG ISLAND CITY, N.Y. (AP) — LONG ISLAND CITY, N.Y. (AP) — JetBlue Airways Corp. (JBLU) on Tuesday reported a loss of $153 million in its third quarter.
The Long Island City, New York-based company said it had a loss of 46 cents per share. Losses, adjusted for one-time gains and costs, were 39 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The airline posted revenue of $2.35 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $2.38 billion.
For the current quarter ending in December, JetBlue expects its results to range from a loss of 55 cents per share to a loss of 35 cents per share.
The company expects full-year results to range from a loss of 65 cents per share to a loss of 45 cents per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBLU at https://www.zacks.com/ap/JBLU