earnings
confidence high
sentiment positive
materiality 0.75
JetBlue Q2 adj. loss $0.16/share, operating profit margin 0.3%; raises JetForward EBIT target to $850-950M
JETBLUE AIRWAYS CORP
2025-Q2 EPS reported
-$0.79
revenue$4,496,000,000
- Q2 GAAP net loss $74M (-$0.21); adjusted loss $58M (-$0.16); revenue $2.4B, down 3% YoY.
- Operating margin 0.3% (adj. 1.3%); CASM ex-Fuel +6.0% YoY, beating the better end of guidance.
- JetForward cumulative EBIT $180M; Blue Sky with United raises total EBIT target to $850-950M by end 2027.
- AOG forecast improved to under 10 aircraft in 2025 (from mid-high teens); enables return to growth.
- Q3 outlook: ASM -1% to +2%, CASM ex-Fuel +4% to +6%, fuel $2.50-$2.65; FY CASM ex-Fuel +5% to +7%.