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JetBlue reports Q4 ex-items EPS (21c), consensus (30c)

Reports Q4 revenue $2.3B, consensus $2.26B. Reports Q4 capacity decreased 5.1%. Reports Q4 CASM decreased 0.4%. Reports Q4 average fuel price $2.47 per gallon. “2024 was a year of rapid change for JetBlue (JBLU) as we introduced our refocused strategy, JetForward, setting us on a path to get back to profitability,” said Joanna Geraghty, JetBlue’s chief executive officer. “We finished the year strong, exceeding both revenue and cost expectations with operational reliability delivering for our customers throughout the holiday season. I am proud of our crewmembers for navigating an immense amount of change and continuing to deliver exceptional service for our customers and our shareholders.”

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