JetBlue Airways (NASDAQ: JBLU) reported Q1 EPS of $0.16, $0.04 better than the analyst estimate of $0.12. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.87 billion.

Key Guidance for the Second Quarter and Full Year 2019:

• Capacity is expected to increase between 4.5% and 6.5% year over year in the second quarter 2019. For the full year 2019, JetBlue expects capacity to increase between 4.5% and 6.5%.
• RASM growth is expected to range between 1.0% and 4.0% for the second quarter 2019 compared to the same period in 2018. Our guidance includes a benefit of 2.25 points of impact related to the calendar placement shift of Easter and Passover between the first and second quarters of 2019.
• CASM ex-fuel is expected to increase between 1.5% and 3.5% for the second quarter of 2019, principally driven by engine maintenance timing and the year-over-year impact of the pilot contract effective on August 1st, 2018. For the full year 2019, JetBlue continues to expect year over year CASM ex-fuel to be between flat and 2.0%.

For earnings history and earnings-related data on JetBlue Airways (JBLU) click here.