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JetBlue Tries to Avoid a Repeat of Their Disastrous Fourth-Quarter Earnings Call

The earnings call in January resulted in the airlines shares falling 13% in three days.

After JetBlue's (JBLU) - Get JetBlue Airways Corporation Report disastrous fourth-quarter earnings call in January, shares in the airline lost 13% over three days. It was not a performance management wished to repeat.

On Tuesday's call, after JetBlue opened the day with an earnings beat and strong current-quarter unit revenue guidance, management stuck to a script defined by CEO Robin Hayes in opening comments when he repeatedly committed to improved margins due to the expansion of Mint, the popular premium product, and to a cost-cutting initiative by Steve Priest, a onetime British Airways executive who was named JetBlue's chief financial officer in February.

READ MORE: Did JetBlue Have a Good Earnings Call or Was It Just So-So?

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This article was written by a staff member of TheStreet.