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JetBlue swings to a narrower-than-expected loss and revenue beats, but stock falls
JBLUJetBlue(JBLU) Market Watch·2024-01-30 11:43

Shares of JetBlue Airways Corp. JBLU, -0.54% fell 1.6% in premarket trading Tuesday, even after the air carrier reported a narrower-than-expected fourth-quarter loss and revenue that topped forecasts, citing continued strong demand during peak periods. The company swung to a net loss of 104million,or31centsashare,fromnetincomeof104 million, or 31 cents a share, from net income of 24 million, or 7 cents as share, in the year-ago period. Excluding nonrecurring items, such as costs associated with the attempt to merge with Spirit Airlines Inc. SAVE ...