JetBlue Airways (NASDAQ:JBLU) Issues Quarterly Earnings Results, Misses Estimates By $0.15 EPS

JetBlue Airways (NASDAQ:JBLU) released its quarterly earnings results on Tuesday. The transportation company reported ($0.87) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.72) by ($0.15), FiscalAI reports. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.24 billion. JetBlue Airways had a negative net margin of 6.64% and a negative return on equity of 25.62%. JetBlue Airways’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.59) EPS.

Here are the key takeaways from JetBlue Airways’ conference call:

• JetBlue suspended full-year guidance after a sharp fuel spike (Q2 fuel range $4.13–$4.28) and will rely on fare increases, targeted capacity cuts, and cost savings to offset the hit while expecting 30%–40% fuel recapture in Q2 and 100% by early 2027.
• Demand and bookings remain resilient despite fare actions—Q1 RASM beat (6.5%) and management is guiding Q2 RASM growth of 7%–11% YoY on modest capacity growth, supported by strong loyalty trends (19% loyalty cash growth, 45% card acquisitions).
• Management says the JetForward transformation is working and expects it to drive incremental EBIT of $310M in 2026 and $850M–$950M in 2027 via initiatives like domestic first class, BlueHouse expansion, and Blue Sky/Paisley.
• Balance sheet actions strengthen flexibility—quarter-end liquidity of $2.4B (26% of TTM revenue), a $500M secured raise with a $750M accordion, and an unencumbered asset base > $6B to manage further volatility.

JetBlue Airways Stock Performance

Shares of NASDAQ JBLU traded down $0.03 during mid-day trading on Thursday, reaching $4.82. 11,115,105 shares of the company’s stock were exchanged, compared to its average volume of 24,455,857. The firm has a 50-day moving average price of $4.88 and a two-hundred day moving average price of $4.86. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.74 and a quick ratio of 0.69. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of -2.87 and a beta of 1.75. JetBlue Airways has a 52 week low of $3.84 and a 52 week high of $6.50.

Institutional Trading of JetBlue Airways

Several hedge funds have recently added to or reduced their stakes in JBLU. United Services Automobile Association purchased a new stake in shares of JetBlue Airways during the 1st quarter worth approximately $106,000. Corient Private Wealth LLC lifted its stake in JetBlue Airways by 26.1% in the fourth quarter. Corient Private Wealth LLC now owns 22,513 shares of the transportation company’s stock valued at $102,000 after purchasing an additional 4,664 shares during the last quarter. Aigen Investment Management LP purchased a new position in JetBlue Airways in the fourth quarter valued at approximately $77,000. RPO LLC bought a new position in JetBlue Airways during the fourth quarter valued at $66,000. Finally, Vident Advisory LLC increased its position in JetBlue Airways by 20.2% in the fourth quarter. Vident Advisory LLC now owns 13,232 shares of the transportation company’s stock worth $60,000 after buying an additional 2,226 shares during the last quarter. Institutional investors own 83.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on JBLU. Seaport Research Partners raised JetBlue Airways from a “neutral” rating to a “buy” rating and set a $8.00 target price on the stock in a research report on Thursday, April 16th. UBS Group lowered their price target on JetBlue Airways from $4.00 to $3.50 and set a “sell” rating for the company in a research report on Monday, March 16th. Evercore raised their price objective on JetBlue Airways from $5.00 to $6.00 and gave the company an “in-line” rating in a research note on Thursday, January 29th. The Goldman Sachs Group cut their price objective on shares of JetBlue Airways from $4.00 to $3.50 and set a “sell” rating on the stock in a report on Wednesday, April 1st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of JetBlue Airways in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $4.88.

JetBlue Airways Company Profile

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.