JetBlue: Q4 Financial Overview

JetBlue Reports $177 Million Loss in Fourth Quarter

JetBlue Airways, headquartered in Long Island City, New York, announced on Tuesday that it experienced a net loss of $177 million during the fourth quarter.

The company reported a loss of 48 cents per share, while the adjusted loss, which excludes one-time gains, was 49 cents per share.

These figures fell short of analyst expectations. According to a survey by Zacks Investment Research involving seven analysts, the anticipated loss per share was 45 cents.

Despite the loss, JetBlue generated $2.24 billion in revenue for the quarter, surpassing the consensus estimate of $2.22 billion from six analysts polled by Zacks.

Financial data for this article was provided by Zacks Investment Research and compiled by Automated Insights. For more information, see the Zacks stock report on JBLU.