JetBlue Q3 net loss $153M, revenue down 8.2% YoY; FY23 guidance lowered

JETBLUE AIRWAYS CORP

2023-Q3 EPS reported -$0.63 revenue$7,290,000,000

GAAP net loss $153M ($0.46/share); adjusted net loss $129M ($0.39/share).
Q3 operating revenue $2.4B, down 8.2% YoY; system capacity up 7.1%.
Q4 outlook: revenue down 6.5-10.5% YoY; CASM ex-fuel up 8.5-10.5%.
FY23 adjusted EPS loss revised to ($0.65)-($0.45); fuel $3.02-$3.07/gal.
Structural cost program on track to deliver ~$70M savings in 2023, $150-200M run-rate by 2024.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

JETBLUE AIRWAYS CORP reported third quarter ended September 30, 2023 results: revenue $2.4 billion, net income $153 million, EPS $(0.46) per share. Guidance lowered.

Period: third quarter ended September 30, 2023
Revenue: $2.4 billion
Net income: $153 million
EPS: $(0.46) per share
Guidance: lowered
Result: reported results

Exact text from the filing

items, adjusted net loss for the third quarter of $129 million (1) or $(0.39) per share. • Third quarter system capacity increased 7.1% year-over-year. • Operating revenue of $2.4 billion for the third quarter of 2023, down 8.2% year-over-year. • Operating expenses per available seat mile ("CASM") for the third quarter of 2023 decreased 3.3% year-over-year. •

View on SEC.gov

Browse all earnings releases →

JETBLUE AIRWAYS CORP filing history →

Source: SEC EDGAR

accession 0001158463-23-000021

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.