earnings
confidence high
sentiment neutral
materiality 0.70
JetBlue Q3 net loss $60M, revenue $2.4B; guided Q4 revenue down 3-7%
JETBLUE AIRWAYS CORP
2024-Q3 EPS reported
-$2.18
revenue$7,002,000,000
- GAAP net loss $60M ($0.17 EPS); adjusted net loss $54M ($0.16 EPS).
- Operating revenue $2.4B (+0.5% YoY); capacity down 3.6% YoY.
- Unit revenue (RASM) +4.3% YoY; CASM ex-fuel +4.8% YoY.
- Adjusted operating margin improved ~5 pts YoY to (0.4)%.
- Q4 outlook: ASMs (7)-(4)% YoY, revenue (7)-(3)% YoY, CASM ex-fuel +13%-15%.