Overview

* JetBlue Q3 2025 operating revenue falls 1.8% yr/yr

* Adjusted EPS for Q3 beats analyst expectations

* JetBlue ( JBLU ) maintains strong liquidity position of $2.9 bln

Outlook

* JetBlue ( JBLU ) expects 4Q 2025 available seat miles to change between -0.75% and 2.25% year-over-year

* Company projects 4Q 2025 RASM to decrease between 4.0% and 0.0% year-over-year

* JetBlue ( JBLU ) anticipates 4Q 2025 CASM ex-fuel to rise 3.0% to 5.0% year-over-year

Result Drivers

* JETFORWARD STRATEGY - JetBlue's JetForward strategy contributed $90 mln of incremental EBIT in H1 2025, with a target of $290 mln by year-end

* FORT LAUDERDALE EXPANSION - JetBlue ( JBLU ) plans to launch 17 new routes and increase frequencies on 12 routes from Fort Lauderdale, reinforcing its position as the largest airline in the region

* LOYALTY PROGRAM ENHANCEMENTS - Launch of Blue Sky loyalty benefits and partnership with United expected to increase customer value and drive growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $2.32

Operatin bln

g

Revenue

Q3 Beat -$0.40 -$0.44

Adjusted (14

EPS Analysts

)

Q3 $2.42

Operatin bln

g

Expenses

Q3 -4.30%

Operatin

g Margin

Analyst Coverage

* The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy", 9 "hold" and 7 "sell" or "strong sell"

* The average consensus recommendation for the airlines peer group is "buy."

* Wall Street's median 12-month price target for JetBlue Airways Corp ( JBLU ) is $4.00, about 18% below its October 27 closing price of $4.72

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)