JetBlue's (JBLU) Q1 Loss Narrower Than Expected, Q2 View Weak
JetBlue(JBLU) Zacks Investment Research·2024-04-25 00:46
JetBlue Airways’ (JBLU) first-quarter 2024 loss (excluding $1.68 from non-recurring items) of 43 cents per share was narrower than the Zacks Consensus Estimate of a loss of 53 cents. In the year-ago quarter, JBLU reported a loss of 34 cents.Operating revenues of $2.21 billion edged past the Zacks Consensus Estimate of $2.2 billion. However, the top line decreased 5.11% year over year.Passenger revenues, accounting for the bulk of the top line (93.03%), declined to $2.06 billion from $2.18 billion a year ago ...