JetBlue Airways Corporation (JBLU)
JetBlue Stock Remains A Sell After 26% Nosedive
JetBlue Airways Corporation's Q4 earnings showed improvement but were driven by lower fuel costs, with significant challenges in capacity and rising unit costs impacting profitability. The 2024 outlook is bleak, with flat capacity, rising costs, and increased airplane groundings, leading to a near-break-even year. The fleet strategy to defer A321neo deliveries and extend A320ceo leases is weak, risking market share and highlighting the balance sheet recovery focus.
What's Next For JBLU Stock After A 25% Fall?
JetBlue (NASDAQ: JBLU) recently reported its Q4 results, with revenues meeting and earnings exceeding the street estimates. The company reported operating revenue of $2.28 billion and an adjusted loss of $0.21 per share, compared to the consensus estimates of $2.25 billion in sales and a loss of $0.31 per share.
Why JetBlue Stock Plummeted Today
Shares of JetBlue Airways (JBLU -25.71%) fell Tuesday. The stock lost 25.7% as of market close but was down as much as 28.9% earlier in the day.
JetBlue CEO: 'Quarter one is a trough quarter'
Joanna Geraghty, JetBlue CEO, discusses the company's quarterly earnings results.
JetBlue CEO on M&A: 'Open to a potential partnership with another carrier'
Joanna Geraghty, JetBlue CEO, discusses the M&A outlook for the airline.
JetBlue Airways Corporation (JBLU) Q4 2024 Earnings Call Transcript
JetBlue Airways Corporation (NASDAQ:JBLU ) Q4 2024 Earnings Conference Call January 28, 2025 10:00 AM ET Company Participants Koosh Patel - Director of Investor Relations Joanna Geraghty - Chief Executive Officer Marty St. George - President Ursula Hurley - Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Daniel McKenzie - Seaport Global Duane Pfennigwerth - Evercore ISI Thomas Fitzgerald - TD Cowen Scott Group - Wolfe Research Michael Linenberg - Deutsche Bank Catherine O'Brien - Goldman Sachs Ravi Shanker - Morgan Stanley Savanthi Syth - Raymond James Thomas Wadewitz - UBS Financial Steve Trent - Citi Operator Good morning. My name is Christa, and I will be your conference operator today.
JBLU's Q4 Loss Narrower Than Expected, Revenues Decline Y/Y
Passenger revenues decline 3.1% in the fourth quarter on a year-over-year basis at JetBlue.
JetBlue CEO on earnings: Q1 is a trough quarter for us and that's what we're seeing
Joanna Geraghty, JetBlue CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, if the brand's JetForward strategy is working, and much more.
JetBlue Stock Sinks as Forecast Outweighs Narrower-Than-Expected Q4 Loss
Shares of JetBlue (JBLU) tumbled over 20% Tuesday morning after the airline's downbeat outlook for the first quarter and upcoming fiscal year overshadowed a better fourth quarter than analysts had expected.
JetBlue dives as 2025 guidance disappoints
JetBlue Airways Corp (NASDAQ:JBLU) shares dove over 25% to $6 after the company reported better than expected earnings but cautioned that capacity would be down in the first quarter of 2025. JetBlue said available seat miles (ASM) in the first quarter are likely to fall 2-5% compared to a year earlier, and are on course to be roughly flat for the whole year.
Stock to Watch: JetBlue Shares Fall After Projecting Higher Costs
JetBlue Airways Corp. shares fell after the company projected higher costs in 2025 than expected. Despite the setback, the airline reported a smaller-than-expected fourth-quarter loss.
JetBlue shares tumble roughly 20% after disappointing outlook
The airline is in the middle of a plan to reduce costs by culling unprofitable routes and drumming up revenue with higher-priced seats.
