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.