Categories AlphaGraphs, Analysis, Industrials

JBLU Earnings: Everything you need to know about JetBlue’s Q4 2023 results

JetBlue Airways Corporation (NASDAQ: JBLU) on Tuesday announced financial results for the fourth quarter of 2023, reporting a net loss compared to a profit last year.

JetBlue Q4 2023 earnings infographic

The company reported a net loss of $104 million or $0.31 per share for the December quarter, compared to net income of $24 million or $0.07 per share in the same period of 2022. On an adjusted basis, loss per share was $0.19, compared to earnings of $0.22 per share last year.

At $2.33 billion, fourth-quarter revenue was down 4% year-over-year, reflecting a 5% decrease in passenger revenues. Meanwhile, capacity increased 3.3% year-over-year in the three months.

“We remain intensely focused on restoring profitability, taking steps to ensure every dollar we invest is making an impact. As part of these efforts, we are carefully evaluating deeper cuts to our controllable costs beyond our ongoing fleet modernization and structural cost programs,” said Ursula Hurley, JetBlue’s CFO.

Prior Performance

  • JetBlue-Q4-2022-Earnings-Infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Infographic: How Macy’s (M) performed in Q4 2023 financial results

Macy’s, Inc. (NYSE: M) reported fourth quarter 2023 earnings results today. Net sales were $8.1 billion, down 1.7% versus the same period a year ago. Total revenue dropped to $8.37

AZO Earnings: AutoZone’s Q2 2024 earnings rise on higher sales

AutoZone, Inc. (NYSE: AZO) announced financial results for the second quarter of 2024, reporting higher sales and net profit. The company had a total of 7,191 stores open at the end

SJM Earnings: Key quarterly highlights from J.M. Smucker’s Q3 2024 financial results

The J.M. Smucker Co. (NYSE: SJM) reported third quarter 2024 earnings results today. Net sales increased 1% year-over-year to $2.23 billion. Comparable sales increased 6%. Net income decreased 42% to

Add Comment
Viewing Highlight