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JetBlue Airways Corporation ( JBLU ) Q3 2026 Earnings Call October 27, 2026 10:00 AM EDT Company Participants Koosh Patel - Director of Investor Relations Joanna Geraghty - CEO & Director Martin St. George - President Ursula Hurley - Chief Financial Officer Conference Call Participants Jamie Baker - JPMorgan Chase & Co, Research Division Brandon Oglenski - Barclays Bank PLC, Research Division Michael Linenberg - Deutsche Bank AG, Research Division Savanthi Syth - Raymond James & Associates, Inc., Research Division Atul Maheswari - UBS Investment Bank, Research Division Daniel McKenzie - Seaport Research Partners Catherine O'Brien - Goldman Sachs Group, Inc., Research Division John Godyn - Citigroup Inc., Research Division Michael Goldie - BMO Capital Markets Equity Research Ravi Shanker - Morgan Stanley, Research Division Presentation Operator Good morning, everyone. My name is Julian.
JetBlue Airways NASDAQ: JBLU said third-quarter revenue outperformed its initial expectations as resilient demand and higher fares helped the carrier recapture more of its rising fuel costs. The company reported a year-over-year increase in revenue per available seat mile, or RASM, of 18.4%, and management forecast further acceleration in the fourth quarter.
JetBlue's stock rises more than 20% as a new profit target helps calm fears about the airline's viability.
JetBlue Airways says it will turn a profit again next year despite losing 60 cents a share in the third quarter. The New York-based carrier hasn't had a profitable year since 2019.
JetBlue reported a $0.60 per share loss last night and missed on revenue. Management is promising profits by 2028, however, and investors like the sound of that.
Higher fares are absorbing a heavy fuel bill at one New York-focused carrier, and its latest report delivered that evidence a day after its finances came under fresh scrutiny. JetBlue Airways (NASDAQ:JBLU) stock is at $2.
JetBlue stock tumbled by 10% in the regular session on Monday and then bounced back by over 7% in the extended hours as investors reacted to its earnings report. JBLU hit a record low of $2.33, down by over 64% from the year-to-date high.
Stock futures are pointing higher after a strong start to the week; Celestica is leading the AI trade higher after better-than-expected results; Nvidia agreed to invest $3 billion in Meta; JetBlue shares are rebounding from a record low after the airline released its results a day early; and Visa is set to report earnings after the closing bell, along with Seagate Technology. Here's what you need to know today.