American Airlines, JetBlue Shares Are Dropping After Earnings - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# American Airlines, JetBlue Shares Are Dropping After EarningsBy [Alex Kozul-Wright]and [Callum Keown]ShareResize---ReprintsAmerica ...

JetBlue Airways (JBLU) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to a loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.55%. A quarter ago, it was expected that this airline would post a loss of $0.43 per share when it actually produced a loss of $0.4, delivering a surprise of +6.98%.Over the last four quarters, the company has surpass ...

Core Insights - JetBlue reported a wider loss and lower revenue in the fourth quarter, indicating a challenging operating environment due to macroeconomic uncertainty [1] Financial Performance - The company experienced a significant decline in revenue during the fourth quarter, reflecting the adverse effects of the current economic conditions [1] - The reported loss was greater than anticipated, highlighting the financial pressures faced by the airline [1]

（文章来源：每日经济新闻） 每经AI快讯，1月27日，捷蓝航空盘前跌幅扩大至7.5%。 ...

每经AI快讯，1月27日，捷蓝航空盘前股价下跌4.7%。 ...

Financial Performance - JetBlue reported operating revenue of $2.2 billion for Q4 2025, a decrease of 1.5% year-over-year, and total operating revenue of $9.1 billion for the full year 2025, down 2.3% year-over-year[9][7]. - Total operating revenues for Q4 2025 were $2,244 million, a decrease of 1.5% compared to $2,277 million in Q4 2024[16]. - Passenger revenues decreased by 2.2% to $2,053 million in Q4 2025 from $2,100 million in Q4 2024[16]. - Total operating expenses increased by 3.7% to $2,344 million in Q4 2025, compared to $2,260 million in Q4 2024[16]. - Operating income for Q4 2025 was a loss of $100 million, compared to a profit of $17 million in Q4 2024[16]. - Net loss for the year 2025 was $602 million, an improvement of 24.3% from a net loss of $795 million in 2024[16]. - The net loss for Q4 2025 was $177 million, compared to a net loss of $44 million in Q4 2024[37]. - Loss per share for Q4 2025 was $0.48, compared to $0.13 in Q4 2024[37]. - Total operating expenses for the twelve months ended December 31, 2025, were $9,430 million, a decrease of 5.3% from $9,963 million in 2024[30]. - Operating expenses excluding fuel for the twelve months ended December 31, 2025, were $7,278 million, an increase of 4.4% from $6,969 million in 2024[30]. - The adjusted operating margin for Q4 2025 was (4.4)%, compared to 0.8% in Q4 2024[35]. - Special items for 2025 included severance expenses and other costs, impacting overall financial metrics[31]. Capacity and Revenue Metrics - Capacity decreased by 1.6% year-over-year in Q4 2025, with a full-year capacity decrease of 1.6% as well[9]. - Revenue passengers decreased by 2.2% to 9,718 thousand in Q4 2025 from 9,942 thousand in Q4 2024[18]. - Average fare remained relatively stable at $211.23 in Q4 2025 compared to $211.18 in Q4 2024[18]. - Operating revenue per available seat mile (RASM) increased by 0.2% year-over-year in Q4 2025, outperforming guidance which anticipated a decrease of 4.0% to flat[9]. Liquidity and Debt - JetBlue ended Q4 2025 with $2.5 billion in liquidity, representing approximately 27% of trailing twelve-month revenue[9]. - Total debt as of December 31, 2025, was $8,498 million, a slight decrease from $8,539 million in 2024[20]. - Cash and cash equivalents increased to $1,946 million as of December 31, 2025, compared to $1,921 million in 2024[20]. Capital Expenditures and Future Projections - The company strategically reduced capital expenditures by approximately $3 billion for the period 2026-2029 since 2023[5]. - Capital expenditures for 2025 totaled $1,122 million, down from $1,619 million in 2024[22]. - For Q1 2026, JetBlue expects available seat miles (ASMs) to increase by 0.5% to 3.5%, with RASM projected to grow by 0.0% to 4.0%[10]. Customer Satisfaction and Strategic Initiatives - JetBlue's Net Promoter Score increased by eight points year-over-year, reflecting improved customer satisfaction[5]. - JetBlue plans to execute critical milestones for its Blue Sky collaboration with United Airlines, enhancing loyalty programs and operational efficiencies[3][9]. Incremental EBIT Contribution - JetForward delivered $305 million of incremental EBIT in 2025, exceeding the initial target of $290 million, and is projected to contribute an additional $310 million in 2026, aiming for a total of $850 to $950 million by 2027[4][3].

Core Insights - JetBlue Airways Corporation reported its financial results for Q4 2025, highlighting progress in reliability and customer satisfaction despite macroeconomic challenges [1][2] - The company aims for improved financial performance in 2026, supported by its JetForward initiatives, which are expected to deliver significant incremental EBIT [3][11] Financial Performance - Operating revenue for Q4 2025 was $2.2 billion, a decrease of 1.5% year-over-year, while full-year operating revenue was $9.1 billion, down 2.3% year-over-year [5][9] - Operating expense per available seat mile (CASM) for Q4 2025 increased by 5.4% year-over-year, while CASM excluding fuel rose by 6.7% [5][9] - Average fuel price in Q4 2025 was $2.51 per gallon, with a full-year average of $2.49 per gallon [5][9] Operational Highlights - JetBlue improved key reliability metrics for the second consecutive year, with on-time departures increasing nearly two points [5] - The Net Promoter Score rose by eight points year-over-year, indicating enhanced customer satisfaction [5] - The company opened its first airport lounge, BlueHouse, at JFK's Terminal 5, and saw strong performance in premium co-branded credit card sign-ups [5][9] Strategic Initiatives - JetForward delivered $305 million of incremental EBIT in 2025, exceeding expectations, and is targeting an additional $310 million in 2026 [3] - The company strategically reduced capital expenditures by approximately $3 billion for the period 2026-2029 since 2023 [5] - JetBlue's Blue Sky collaboration with United Airlines aims to enhance loyalty programs and customer value [9] Outlook - For Q1 2026, JetBlue estimates available seat miles (ASMs) to increase by 0.5% to 3.5% year-over-year, with RASM expected to grow by 0.0% to 4.0% [8] - The company anticipates a constructive macroeconomic environment and industry capacity backdrop to support continued improvement in 2026 [2][8]

The consensus price target for JetBlue Airways Corporation (NASDAQ:JBLU) has decreased, reflecting a conservative outlook from analysts.Despite expectations of a widening loss in the fourth quarter, JetBlue anticipates modest revenue growth.Upcoming earnings reports from major airlines could influence JetBlue's stock performance and provide insights into the broader market.JetBlue Airways Corporation (NASDAQ:JBLU) is a prominent airline in the air passenger transportation industry, serving destinations acro ...

Group 1 - JetBlue experienced the highest number of flight cancellations on Monday, indicating operational challenges within the company [1]

Industry Overview - The Zacks Transportation sector is facing challenges due to increased expenses, inflation-driven high interest rates, a decline in freight demand, and supply-chain issues [2][3] - Geopolitical uncertainties and tariff-related economic tensions are negatively impacting consumer sentiment and growth expectations [2] Oil Prices Impact - A decrease in oil prices, which fell by 7% in the October-December 2025 period, is expected to positively affect the bottom-line growth of transportation companies, as fuel costs are a significant input [4] Company Earnings Expectations Union Pacific Corporation (UNP) - The Zacks Consensus Estimate for UNP's Q4 2025 earnings is $2.89 per share, reflecting a 0.7% decline year-over-year, with revenues estimated at $6.14 billion, indicating 0.3% growth [7] - Cost-cutting measures are anticipated to support bottom-line performance, although geopolitical uncertainties and inflation may negatively impact results [8] - Current predictions do not indicate an earnings beat for UNP, with an Earnings ESP of -1.25% and a Zacks Rank of 3 [9] United Parcel Service (UPS) - The Zacks Consensus Estimate for UPS's Q4 earnings is $2.23 per share, showing a year-over-year decline of 19.27%, with revenues expected at $24.01 billion, down 5.1% [10] - Cost controls and network efficiency are expected to help UPS mitigate lower volumes, with total operating revenues forecasted to decline by 5.4% year-over-year [12] - The model predicts an earnings beat for UPS, with an Earnings ESP of +0.74% and a Zacks Rank of 3 [13] American Airlines Group Inc. (AAL) - The Zacks Consensus Estimate for AAL's Q4 revenues is $14.07 billion, indicating a 3.02% year-over-year growth, while earnings are expected to be 38 cents per share, down 55.81% from the previous year [14][15] - AAL's performance is expected to benefit from increased domestic air-travel demand, although rising labor and airport costs, along with geopolitical uncertainties, may weigh on operations [15] - Current predictions do not indicate an earnings beat for AAL, with an Earnings ESP of -1.21% and a Zacks Rank of 3 [16] JetBlue Airways Corporation (JBLU) - The Zacks Consensus Estimate for JBLU's Q4 loss per share has widened to 45 cents, indicating a significant increase in losses compared to the previous year, with revenues expected at $2.22 billion, reflecting 2.6% growth [17] - JBLU's efforts to expand connectivity in response to demand are likely to support performance, while lower oil prices may also benefit the airline [18] - Current predictions do not indicate an earnings beat for JBLU, with an Earnings ESP of -5.89% and a Zacks Rank of 3 [19]