JetBlue reports Q2 adjusted EPS 45c, consensus 44c

Reports Q2 revenue $2.61B, consensus $2.61B. Second quarter capacity increased 5.8% year-over-year. Operating expenses per available seat mile for the second quarter of 2023 decreased 12.2% year-over-year. Thanks to the hard work of our fantastic Crewmembers, we generated our highest quarterly profit since 2019, demonstrating the progress we have made since the pandemic. These results were underpinned by record quarterly revenues and strong operational performance, reflecting the benefits from our significant investments and robust preparations for the peak summer travel period,” said Robin Hayes, JetBlue’s CEO.