Categories AlphaGraphs, Earnings, Industrials
JBLU Earnings: JetBlue Airways reports net loss for Q4 2024; revenue drops
JetBlue Airways Corporation (NASDAQ: JBLU) announced financial results for the fourth quarter of 2024, reporting a net loss amid a year-over-year decline in revenues.
The company reported a net loss of $44 million or $0.13 per share for the December quarter, compared to a loss of $104 million or $0.31 per share in the same period of 2023. On an adjusted basis, loss per share was $0.21, compared to a loss of $0.19 per share last year.
At $2.28 billion, fourth-quarter revenue was down 2% year-over-year, reflecting a decrease in passenger revenues. During the quarter, capacity decreased 5.1%.
“Looking ahead to 2025, we are laser-focused on executing JetForward and building on the momentum from 2024. While this year will not come without its challenges, our strategy is in place to tackle those obstacles head-on,” said Joanna Geraghty, JetBlue’s CEO.
Prior Performance
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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
