JetBlue Airways Corporation (JBLU)
| Market Cap | 2.07B |
| Revenue (ttm) | 9.62B |
| Net Income (ttm) | -310.00M |
| Shares Out | 339.28M |
| EPS (ttm) | -0.93 |
| PE Ratio | n/a |
| Forward PE | 56.18 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 36,707,161 |
| Open | 6.11 |
| Previous Close | 7.51 |
| Day's Range | 6.00 - 6.74 |
| 52-Week Range | 3.42 - 9.45 |
| Beta | 1.85 |
| Analysts | Hold |
| Price Target | 6.31 (+3.44%) |
| Earnings Date | Apr 23, 2024 |
About JBLU
JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe. The company was incorporated in 1998 and is based in Long Island City, New York. [Read more]
Financial Performance
In 2023, JBLU's revenue was $9.62 billion, an increase of 4.99% compared to the previous year's $9.16 billion. Losses were -$310.00 million, -14.36% less than in 2022.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for JBLU stock is "Hold." The 12-month stock price forecast is $6.31, which is an increase of 3.44% from the latest price.
News
JBLU, XRX, AFRM, SPOT: Stocks to Watch
Stocks continue their strong start to the trading week. Marc X. Lopresti discusses this, as well as his stocks to watch which include JetBlue (JBLU), Xerox (XRX), Affirm (AFRM), and Spotify (SPOT).
JetBlue Scales Back Routes in ‘Urgent' Effort to Restore Profitability
JetBlue is removing and scaling back routes as it tries to regain profitability. The air carrier on Tuesday (April 23) released earnings that showed the company reducing its revenue forecast for the y...
JetBlue Wounded As Airlines Pour Capacity Into Latin American Leisure Markets
In the first quarter, the airline industry's excessive capacity expansion in Latin America leisure markets slightly wounded Delta and United. But it decimated JetBlue results.
JetBlue CEO: Expected headwinds in Q2 in our Latin American region led to company's lower guidance
Joanna Geraghty, JetBlue CEO, joins 'Money Movers' to discuss the company's lower guidance, JetBlue's quest to get back to profitability, and much more.
JetBlue Sales Outlook Weakens on Latin America Woes
JetBlue reported revenue this quarter will fall more than analysts expected and sees second-quarter revenue declining as much as 10.5% year over year. George Ferguson of Bloomberg Intelligence has mor...
JetBlue stock loses 10% on Q1 earnings: here's a summary of its conference call
JetBlue Airways Corporation (NASDAQ: JBLU) says its loss widened on a year-over-year basis in Q1. Shares of the air carrier are down 10% at writing.
Airbus hires former JetBlue CEO Robin Hayes
CNBC's Becky Quick reports on the latest news.
JetBlue shares tumble 9% after airline lowers 2024 revenue outlook
JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.
JetBlue Stock Tumbles After Earnings Report. Here's Why.
The carrier posted a narrower-than-expected loss in the first quarter.
JetBlue's stock slides 8% premarket as Q1 loss widens significantly, CEO warns on full year
JetBlue Airways Corp.'s stock JBLU, +5.63% slid 8% in premarket trade Tuesday, after the airline's first-quarter loss widened significantly from a year ago and it warned that its full-year performance...
JetBlue Announces First Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the first quarter of 2024. "Thanks to our incredible crewmembers and our reinvigorated fo...
We're not seeing any slowdown in premium travel demand, says JPMorgan's Jamie Baker
Jamie Baker, JPMorgan senior airline analyst, joins CNBC's 'The Exchange' to break down the airline industry's bifurcation, how premium demand has boosted earnings, and more.
JetBlue Announces Leadership Appointments
NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced several leadership and organizational updates as the company continues on its path to sustained profitability: Daniel Shurz has been n...
Gaining Over 20% This Year, What Lies Ahead For JetBlue Stock Following Q1 Results?
JetBlue Airways (NASDAQ: JBLU) will report its Q1 2024 results on Tuesday, April 23. We expect the company's top line to come in at $2.2 billion, and the bottom line at $(0.50), compared to the consen...
Mario Surprises Travelers in JetBlue Terminal 5 at John F. Kennedy Airport; Photos Available on Business Wire's Website and the Associated Press Photo Network
NEW YORK--(BUSINESS WIRE)-- #nintendoswitch--Nintendo of America and JetBlue are bringing smiles to travelers of all ages with the “Nintendo Switch On the Go” pop-up.
Big Airlines To Benefit From Summer Travel Boom, Low-Cost Carriers Not So Much
Airlines are gearing up for another strong summer of travel as pent-up pandemic demand and savings continue to drive bookings even in the face of big challenges.
JetBlue Announces Webcast of First Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will hold its quarterly conference call to discuss first quarter 2024 financial results on April 23rd, 202...
JetBlue increases bag fees again – this time, it depends on when you fly
JetBlue will increase the cost of checked bags, depending on the date of the flight. This comes after the carrier already increased the cost of checked bags this year.
JetBlue Expands Transatlantic Service to Paris With Launch of Daily Nonstop Flight From Boston
BOSTON--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced it has expanded its Paris service with its inaugural flight from Boston, which departed today from Boston Logan International Airport (B...
JetBlue pilots open negotiations over new labor deal
Nearly 5,000 pilots represented by the Air Line Pilots Association (ALPA) served a notice to JetBlue Airways to open negotiations for a new collective bargaining agreement, the union said on Wednesday...
JetBlue leaving 5 cities as it cuts unprofitable routes
Budget airline JetBlue is eliminating five cities from its routes and cutting flights as it looks to refocus on higher-performing markets while it deals with an aircraft shortage.
JetBlue Is Latest Airline to Cut Capacity. It Doesn't Even Fly Boeing Planes.
JetBlue Airways is cutting a number of weaker-performing routes in order to prioritize its stronger routes amid limited aircraft supply.
JetBlue to Cut Routes After Weaker Performance
JetBlue will exit certain cities and end some flight routes in a bid to prioritize better-performing routes with limited aircraft on hand.
JetBlue to drop some cities, reduce L.A. flights to focus on more profitable routes
JetBlue Airways will end service at several cities and reduce flying out of Los Angeles in a move to retrench and focus on stronger markets after years of losing money.