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JetBlue (JBLU) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
JBLUJetBlue(JBLU) ZACKS·2025-04-29 15:30

Core Insights - JetBlue Airways reported a revenue of 2.14billionforthequarterendedMarch2025,reflectinga3.12.14 billion for the quarter ended March 2025, reflecting a 3.1% decrease year-over-year and a slight miss of 0.42% against the Zacks Consensus Estimate of 2.15 billion [1] - The company's EPS was -0.59,worseningfrom0.59, worsening from -0.43 in the same quarter last year, but it exceeded the consensus estimate of -0.61by3.280.61 by 3.28% [1] Financial Performance Metrics - Load factor was reported at 80.7%, below the five-analyst average estimate of 82.4% [4] - Average fuel cost per gallon was 2.57, slightly lower than the four-analyst average estimate of 2.59[4]OperatingrevenueperASMwas13.71cents,comparedtothefouranalystaverageestimateof13.74cents[4]Availableseatmiles(ASMs)totaled15.61billion,marginallybelowtheaverageestimateof15.62billion[4]OperatingexpenseperASM,excludingfuel,was11.45cents,inlinewiththefouranalystaverageestimateof11.46cents[4]PassengerrevenueperASMwas12.62cents,lowerthanthefouranalystaverageestimateof12.74cents[4]Revenuepassengermiles(RPMs)reached12.6billion,belowthefouranalystaverageestimateof12.95billion[4]Fuelgallonsconsumedwere199million,slightlybelowtheestimated202.01million[4]Yieldperpassengermilewas15.63cents,exceedingthethreeanalystaverageestimateof15.24cents[4]OperatingexpenseperASMwasreportedat14.83cents,comparedtothetwoanalystaverageestimateof14.87cents[4]Operatingrevenuesfrompassengerserviceswere2.59 [4] - Operating revenue per ASM was 13.71 cents, compared to the four-analyst average estimate of 13.74 cents [4] - Available seat miles (ASMs) totaled 15.61 billion, marginally below the average estimate of 15.62 billion [4] - Operating expense per ASM, excluding fuel, was 11.45 cents, in line with the four-analyst average estimate of 11.46 cents [4] - Passenger revenue per ASM was 12.62 cents, lower than the four-analyst average estimate of 12.74 cents [4] - Revenue passenger miles (RPMs) reached 12.6 billion, below the four-analyst average estimate of 12.95 billion [4] - Fuel gallons consumed were 199 million, slightly below the estimated 202.01 million [4] - Yield per passenger mile was 15.63 cents, exceeding the three-analyst average estimate of 15.24 cents [4] - Operating expense per ASM was reported at 14.83 cents, compared to the two-analyst average estimate of 14.87 cents [4] - Operating revenues from passenger services were 1.97 billion, down 4.2% year-over-year and below the 2billionaverageestimate[4]Operatingrevenuesfromothersourceswere2 billion average estimate [4] - Operating revenues from other sources were 171 million, surpassing the average estimate of $157.86 million and reflecting an 11% year-over-year increase [4] Stock Performance - JetBlue's shares have declined by 15.6% over the past month, contrasting with the Zacks S&P 500 composite's decrease of 0.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]