Why is JetBlue (JBLU) Stock Down Despite Q2 Earnings Beat?

This article was originally published on Nasdaq

JetBlue Airways’ JBLU second-quarter 2023 earnings (excluding 4 cents from non-recurring items) of 45 cents per share beat the Zacks Consensus Estimate of 40 cents. Results were aided by strong air-travel demand. In the year-ago q