JBLU Prediction: Q4 '24 Earnings Slide from Q1 '25 Guidance?It's my estimation that the market sentiment felt from AAL Q1 '25 guidance will ripple into JBLU's earnings report come JAN-28-25.
While AAL beat earnings estimates (revenue up 4.6% / $0.86/share vs. $0.66/share expected), Q1 guidance was set at a loss of $-0.40/share vs. $-0.04/share. Investors I believe are expecting a much stronger output in 2025 from domestic carriers, and this was a horrible start to the year.
AAL and JBLU's failed Northeast Alliance, a break up due to antitrust laws, has now caused both airlines to pay $2M in legal fees across several states.
Looking at LuxAlgo's Support Resistance Signals MTF among additional indicators, I believe the underlying will touch below $7.50 after earnings are released.