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.
עסקה פעילה
Purchased 15 puts at the $7.50 strike expiring 31-JAN-25 for an average cost of $0.19. Sold within first 5 minutes of trading for $0.75.
Currently valued at $0.95 at a gain of 370%
עסקה סגורה: היעד הושג
Definitely want to vomit, leaving so much value on the table. I did not expect price action to fall below the .382 level let alone the .5.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.