WeAAsles
Veteran
- Oct 20, 2007
- 23,538
- 5,263
As we await the survey results, here's a food for thought.
MF put an article out this morning about JetBlue's year 2020 aggressive outlook. From this MF article I copied the 2nd paragraph below in quotes added by me.
My food for thought here is; If JetBlue receives a 20% income plus earnings from the Trump Tax Reform, I am really wondering what Southwest income plus earnings are from the tax reform? It obviously will be larger.
Even if it is the same, at 20%, the tax reform income plus earnings will more than easily take care of the cost of our new contract and have plenty left over. They won't even feel it.
I am not saying now we ask for the world. Just will be so easy to make us whole with the new tax reform this year and should be a no brainer for the company to quickly fix.
Unfortunately, profitability has plunged since then. Analysts currently expect JetBlue to post adjusted EPS of $1.50 in 2018, despite receiving a 20%-plus earnings lift from tax reform.
Wow this guy is a real idiot.