JetBlue sees FY23 adjusted EPS 5c-40c, consensus 78c

Sees FY23 revenue up 6%-9%, consensus $10.06B. Sees FY23 ASMs up 5.5%-8.5%, with CASM ex-fuel up 1.5%-4.5%. JetBlue said: “Looking ahead, we are updating our full-year earnings outlook to reflect near-term headwinds related to the termination of the NEA, a challenging operating environment in the northeast and a greater than expected shift of pent-up COVID demand to long-haul international markets which is pressuring demand for domestic travel during the peak summer travel period. While we remain on track to deliver a profitable year and record revenue performance, we are taking action, including redeploying capacity to mitigate these current challenges and improve margins.”