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Key highlights from JetBlue Airways (JBLU) Q4 2020 earnings results

JetBlue Airways Corporation (NASDAQ: JBLU) reported fourth quarter 2020 earnings results today.

Total operating revenues fell 67% year-over-year to $661 million, negatively impacted by the effects of the COVID-19 pandemic.

On a GAAP basis, net loss amounted to $381 million, or $1.34 per share, compared to earnings of $161 million, or $0.56 per share, last year. Adjusted loss per share was $1.53 versus EPS of $0.56 last year.

Both the top and bottom line numbers were better than analysts’ projections.

For the first quarter of 2021, the company estimates EBITDA will range between negative $525-625 million.

Prior performance

JetBlue reports Q3 2020 earnings results

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

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