earnings
confidence high
sentiment positive
materiality 0.70
JetBlue Q4 net loss $44M, revenue $2.3B; guides to 0-1% adj operating margin in FY2025
JETBLUE AIRWAYS CORP
2024-FY EPS reported
-$2.30
revenue$9,279,000,000
- GAAP net loss $44M ($0.13/share); adjusted net loss $72M ($0.21/share).
- Revenue $2.3B (-2.1% YoY); capacity down 5.1%; CASM ex-fuel up 11% YoY.
- JetForward revenue initiatives delivered $395M in 2024, $95M above target; contributed $90M EBIT.
- FY2025 guidance: ASM flat YoY; RASM +3-6%; CASM ex-fuel +5-7%; adj op margin 0-1%; capex ~$1.4B.
- Q4 adjusted operating margin 0.8%, improved 2.4 pts YoY; ended with $3.9B cash.