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.

JetBlue Q4 2024 earnings infographic

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

  • JetBlue Q1 2024 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: Amazon (AMZN) Q4 2024 earnings beat estimates; sales rise 10%

E-commerce giant Amazon.com Inc. (NASDAQ: AMZN) on Thursday reported higher sales and profit for the fourth quarter of 2024. Earnings also beat analysts' estimates. Net sales increased to $187.8 billion

Philip Morris (PM) delivers strong performance in 4Q24 helped by smoke-free strength

Shares of Philip Morris International Inc. (NYSE: PM) jumped 10% on Thursday after the company delivered better-than-expected earnings results for the fourth quarter of 2024 and provided an encouraging outlook

Highlights of Bristol-Myers Squibb’s Q4 2024 earnings report

Biotechnology company Bristol Myers Squibb (NYSE: BMY) reported lower profit for the fourth quarter of 2024, despite an increase in revenue. Net income attributable to shareholders was $72 million or

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top