JBLU Stock Recent News

JetBlue is in some tough spots, and that's not just because it reported a disappointing first quarter outlook last week, when shares lost 26 % on Tuesday due to disappointing guidance.

Results from JetBlue Airways (JBLU 10.52%) provided little reason for optimism, though there was an argument to be made that the post-earnings stock reaction was too great.

JetBlue's stock plunged more than 25% after the air carrier reported its fourth-quarter results earlier this week, but its bonds are finding buyers.

Fourth-quarter results from JetBlue Airways (JBLU 3.20%) were actually better than Wall Street had feared, but you would never know it from the stock's reaction. Shares of JetBlue traded down 22% for the week as of 1 p.m.

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.

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.

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.

Joanna Geraghty, JetBlue CEO, discusses the company's quarterly earnings results.

Joanna Geraghty, JetBlue CEO, discusses the M&A outlook for the airline.

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.