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JetBlue Airways' Q3 Adjusted Net Loss Narrows, Operating Revenue Rises
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JetBlue Airways' Q3 Adjusted Net Loss Narrows, Operating Revenue Rises
Nov 3, 2024 1:39 PM

08:02 AM EDT, 10/29/2024 (MT Newswires) -- JetBlue Airways ( JBLU ) reported a Q3 adjusted net loss Tuesday of $0.16 per diluted share, narrower than its adjusted net loss of $0.39 a year earlier.

Analysts polled by Capital IQ expected a net loss of $0.21.

Operating revenue for the quarter ended Sept.30 was $2.37 billion, up from $2.35 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.35 billion.

For Q4, the airline said revenue is expected to decline 7% to 3% compared with a year earlier. Analysts polled by Capital IQ expect $2.3 billion.

For full-year 2024, the airline said revenue is expected to decline 5% to 4% from a year earlier. Analysts polled by Capital IQ expect $9.29 billion.

Price: 6.94, Change: -0.38, Percent Change: -5.19

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