Q1 25 EPS
$-0.59
BEAT +6.48%
Est. $-0.63
Q1 25 Revenue
$2.14B
BEAT +0.07%
Est. $2.14B
vs S&P Since Q1 25
+12.2%
BEATING MARKET
JBLU +46.7% vs S&P +34.5%
Market Reaction
Did JBLU Beat Earnings? Q1 2025 Results
JetBlue Airways edged past Wall Street expectations in the first quarter of 2025, though the results underscored a carrier still navigating significant turbulence. The airline posted a net loss of $0.59 per share, beating the consensus estimate of $0… Read more JetBlue Airways edged past Wall Street expectations in the first quarter of 2025, though the results underscored a carrier still navigating significant turbulence. The airline posted a net loss of $0.59 per share, beating the consensus estimate of $0.63 by 6.48%, while revenue of $2.14 billion came in fractionally ahead of forecasts despite falling 3.1% year-over-year. The headline beat was tempered by a sobering detail: on an adjusted basis, the net loss actually widened to $209 million from $145 million a year ago, as booking momentum that looked promising in January steadily eroded through February and into March, hitting off-peak and close-in travel hardest. CEO Joanna Geraghty responded by cutting system capacity 4.3% year-over-year and signaled further reductions may follow. Early wins from the JetForward transformation plan, including a 28% transatlantic RASM surge and 9% loyalty revenue growth, offered some encouragement, but JetBlue declined to reaffirm full-year guidance, citing macroeconomic uncertainty, and guided Q2 RASM down as much as 7.5% year-over-year.
Key Takeaways
- • Premium RASM outperformed core RASM by high single digits
- • Transatlantic RASM grew 28% YoY on 25% fewer ASMs
- • Loyalty revenue up 9% YoY with co-brand spend up 7%
- • Reliability improvements drove ~0.75pts of CASM ex-fuel savings in Q1
- • Lower fuel costs at $2.57/gallon vs $2.97/gallon YoY (down 13.5%)
- • Strong 98.6% completion factor
- • Double-digit YoY improvement in Net Promoter Score
- • Four-point YoY improvement in A14 on-time performance
JBLU YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
JBLU Revenue by Segment
With YoY comparisons, source: SEC Filings
“During the first quarter, we delivered a strong operation and efficiently executed on costs. JetForward is ramping well, and we are focused on successfully managing what we can control.”
— Joanna Geraghty, Q1 2025 Earnings Press Release
JBLU Earnings Trends
JBLU vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
JBLU EPS Trend
Earnings per share: estimate vs actual
JBLU Revenue Trend
Quarterly revenue: estimate vs actual
JBLU Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $-0.73 | $-0.87 | -19.51% | $2.24B | -0.06% |
| Q4 25 MISS FY | $-0.46 | $-0.48 | -3.94% | $2.24B | +1.12% |
| FY Full Year | $-1.61 | $-1.66 | -3.15% | $9.06B | +0.31% |
| Q3 25 BEAT | $-0.42 | $-0.40 | +4.81% | $2.32B | +0.01% |
| Q2 25 BEAT | $-0.33 | $-0.16 | +51.20% | $2.36B | +3.10% |
| Q1 25 BEAT | $-0.63 | $-0.59 | +6.48% | $2.14B | +0.07% |