JetBlue Airways posts 4Q profit of $88 million, result tops expectations

MarketsAssociated Press

JetBlue Airways Corp. (JBLU) on Thursday reported fourth-quarter profit of $88 million.

The Long Island City, New York-based company said it had profit of 26 cents per share.

Continue Reading Below

The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.

The airline posted revenue of $1.45 billion in the period.

For the year, the company reported profit of $401 million, or $1.19 per share. Revenue was reported as $5.82 billion.

JetBlue shares have dropped roughly 1 percent since the beginning of the year. The stock has increased 80 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on JBLU at


Keywords: JetBlue Airways, Earnings Report