JetBlue's (JBLU) Q1 Loss Narrower Than Expected, Q2 View Weak
JBLUJetBlue(JBLU) Zacks Investment Research·2024-04-25 00:46

JetBlue Airways’ (JBLU) first-quarter 2024 loss (excluding 1.68fromnon−recurringitems)of43centspersharewasnarrowerthantheZacksConsensusEstimateofalossof53cents.Intheyear−agoquarter,JBLUreportedalossof34cents.Operatingrevenuesof1.68 from non-recurring items) of 43 cents per share was narrower than the Zacks Consensus Estimate of a loss of 53 cents. In the year-ago quarter, JBLU reported a loss of 34 cents. Operating revenues of 2.21 billion edged past the Zacks Consensus Estimate of 2.2billion.However,thetoplinedecreased5.112.2 billion. However, the top line decreased 5.11% year over year. Passenger revenues, accounting for the bulk of the top line (93.03%), declined to 2.06 billion from $2.18 billion a year a ...