Categories AlphaGraphs, Industrials

Key highlights from JetBlue Airways (JBLU) Q1 2022 earnings results

JetBlue Airways Corporation (NASDAQ: JBLU) reported first quarter 2022 earnings results.

Total operating revenues more than doubled year-over-year to $1.73 billion and was in line with estimates.

Net loss amounted to $255 million, or $0.79 per share, compared to $247 million, or $0.78 per share, last year. Adjusted loss per share amounted to $0.80, surpassing expectations.

Revenue decreased 7.2% compared to the first quarter of 2019. GAAP EPS was $0.14 and adjusted EPS was $0.16 in Q1 2019.

For the second quarter of 2022, JetBlue expects revenue to increase between 11-16% year over three.

Prior performance

JetBlue Q4 2021 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Cost reduction has become a priority for FedEx (FDX) after a challenging quarter

Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for

Prime Medicine is the next big biotech to pursue IPO. Here’s all you need to know

After a soft start to the year, the IPO market has witnessed muted activity so far though a few big companies entered the stock market. On the heels of AIG

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

Add Comment
Viewing Highlight