JetBlue Airways (NASDAQ:JBLU) Full Year 2024 Results
Key Financial Results
- Revenue: US$9.28b (down 3.5% from FY 2023).
- Net loss: US$795.0m (loss widened by 157% from FY 2023).
- US$2.30 loss per share (further deteriorated from US$0.93 loss in FY 2023).
JBLU Operational Performance
- Available seat kilometres (ASK): 106.35b (down 3.5% from FY 2023).
- Passenger load factor: 83.2% (up from 82.6% in FY 2023).
- Total aircraft: 279 (down by 21 from FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
JetBlue Airways EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.4%.
The primary driver behind last 12 months revenue was the United States & Canada segment contributing a total revenue of US$5.64b (61% of total revenue). Notably, cost of sales worth US$6.99b amounted to 75% of total revenue thereby underscoring the impact on earnings.Explore how JBLU's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Airlines industry in the US.
Performance of the American Airlines industry.
The company's shares are up 1.6% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for JetBlue Airways (1 is a bit unpleasant) you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:JBLU
Fair value very low.
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