JetBlue Airways (Nasdaq: JBLU) reported earnings on Oct. 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), JetBlue Airways met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.

Gross margins dropped, operating margins shrank, net margins grew.

Revenue details
JetBlue Airways logged revenue of $1.31 billion. The nine analysts polled by S&P Capital IQ hoped for a top line of $1.31 billion on the same basis. GAAP reported sales were 9.5% higher than the prior-year quarter's $1.20 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.14. The 12 earnings estimates compiled by S&P Capital IQ forecast $0.14 per share. GAAP EPS of $0.14 for Q3 were 27% higher than the prior-year quarter's $0.11 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 28.7%, 50 basis points worse than the prior-year quarter. Operating margin was 8.6%, 40 basis points worse than the prior-year quarter. Net margin was 3.4%, 50 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.23 billion. On the bottom line, the average EPS estimate is $0.04.

Next year's average estimate for revenue is $5.02 billion. The average EPS estimate is $0.44.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 948 members out of 1,159 rating the stock outperform, and 211 members rating it underperform. Among 275 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 222 give JetBlue Airways a green thumbs-up, and 53 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on JetBlue Airways is hold, with an average price target of $6.78.