JetBlue (JBLU) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - JetBlue Airways reported a revenue of $2.32 billion for the quarter ended September 2025, reflecting a decrease of 1.8% year-over-year and a slight miss of 0.12% against the Zacks Consensus Estimate [1] - The company posted an EPS of -$0.40, worsening from -$0.16 in the same quarter last year, but exceeded the consensus EPS estimate of -$0.43 by 6.98% [1] Financial Performance Metrics - Load factor was reported at 85.1%, slightly below the estimated 85.8% [4] - Average fuel cost per gallon was $2.49, marginally lower than the estimated $2.51 [4] - Operating revenue per ASM was 13.75 cents, slightly below the estimated 13.78 cents [4] - Available seat miles (ASMs) totaled 16.88 billion, just shy of the estimated 16.89 billion [4] - Operating expense per ASM, excluding fuel, was 11.02 cents, better than the estimated 11.11 cents [4] - Passenger revenue per ASM was 12.65 cents, below the estimated 12.74 cents [4] - Revenue passenger miles (RPMs) reached 14.37 billion, under the estimated 14.54 billion [4] - Fuel gallons consumed were 217.00 million, slightly above the estimated 216.23 million [4] - Operating expense per ASM was 14.34 cents, lower than the estimated 14.43 cents [4] - Yield per passenger mile was 14.86 cents, significantly below the estimated 22.55 cents [4] - Operating revenues from passengers were $2.14 billion, down 2.9% compared to the year-ago quarter and slightly below the estimated $2.15 billion [4] - Operating revenues from other sources were $187 million, exceeding the estimated $177.28 million and representing a 12% increase year-over-year [4] Stock Performance - JetBlue's shares have returned -6.5% over the past month, contrasting with a +3.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]