secwatch.observer — SEC 8-K summary
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Issuer:     JETBLUE AIRWAYS CORP (JBLU)
CIK:        0001158463
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001158463-23-000001
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JetBlue Q4 GAAP EPS $0.07, adj EPS $0.22; revenue record $2.4B; guides FY23 adj EPS $0.70-$1.00
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- Q4 2022 GAAP net income $24M ($0.07 EPS); adjusted net income $72M ($0.22 EPS); operating revenue $2.4B (record).
- CASM ex-fuel increased 9.9% vs Q4 2019; capacity up 2.4% vs Q4 2019; fuel price $3.70/gallon.
- Q1 2023 outlook: revenue up 28%-32% YoY; CASM ex-fuel up 2%-4%; adjusted EPS loss ($0.45)-($0.35).
- FY 2023 outlook: adj EPS $0.70-$1.00, revenue high single-digit to low double-digit growth, capex ~$1.3B.
- Balance sheet: $1.6B unrestricted cash; adjusted debt to capital 52%; undrawn $600M revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158463/000115846323000001/0001158463-23-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158463/000115846323000001/jblu-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001158463-23-000001

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