Edition:
India

JetBlue Announces Q4 Earnings Per Share $0.56


Thursday, 23 Jan 2020 

Jan 23 (Reuters) - JetBlue Airways Corp ::JETBLUE ANNOUNCES FOURTH QUARTER 2019 RESULTS.SEES Q1 2020 EARNINGS PER SHARE $0.10 TO $0.20.Q4 ADJUSTED EARNINGS PER SHARE $0.56.Q4 EARNINGS PER SHARE $0.56.Q4 EARNINGS PER SHARE ESTIMATE $0.55 -- REFINITIV IBES DATA.SEES FY 2020 EARNINGS PER SHARE $2.50 TO $3.00.CAPACITY IS EXPECTED TO INCREASE BETWEEN 1.5% AND 3.5% YEAR OVER YEAR IN Q1 2020.QTRLY TOTAL OPERATING REVENUES $2,031 MILLION VERSUS $1,968 MILLION REPORTED LAST YEAR.FOR FULL YEAR 2020, JETBLUE EXPECTS CAPACITY TO INCREASE BETWEEN 5.5% AND 7.5%..RASM GROWTH IS EXPECTED TO RANGE BETWEEN 0.0% AND 3.0% FOR Q1 2020.CASM EX-FUEL IS EXPECTED TO INCREASE BETWEEN 1.5% AND 3.5% FOR Q1 OF 2020.FOR FULL YEAR 2020, JETBLUE EXPECTS YEAR OVER YEAR CASM EX-FUEL GROWTH TO RANGE BETWEEN DOWN 2.0% AND 0.0%..QTRLY REVENUE PASSENGER MILES 13.2 BILLION VERSUS 12.52 BILLION REPORTED LAST YEAR.QTRLY TOTAL OPERATING EXPENSES $1,804 MILLION VERSUS $1,752 MILLION.QTRLY LOAD FACTOR OF 81.9% VERSUS 82.5% REPORTED LAST YEAR."OUR Q1 2020 GROWTH IS UNUSUALLY LOW".2020 ANNUAL GROWTH FORECAST IS OVER 2 POINTS LOWER THAN PLAN FROM OUR 2018 INVESTOR DAY.FOR Q1, EXPECT STRONG SEQUENTIAL IMPROVEMENT IN RASM IN BOTH DOMESTIC AND LATIN MARKETS.Q4 REVENUE VIEW $2.03 BILLION -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE VIEW $0.19 -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $2.38 -- REFINITIV IBES DATA.