JetBlue Airways Third Quarter 2024 Earnings: EPS Beats Expectations

JetBlue Airways (NASDAQ:JBLU) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$2.37b (flat on 3Q 2023).
• Net loss: US$60.0m (loss narrowed by 61% from 3Q 2023).
• US$0.17 loss per share (improved from US$0.46 loss in 3Q 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 14%.

Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Airlines industry in the US.

Performance of the American Airlines industry.

The company's shares are down 18% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with JetBlue Airways (including 1 which is significant).

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