Wolfe Research Downgrades JetBlue Airways (JBLU) to Underperform

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Go back to Wolfe Research Downgrades JetBlue Airways (JBLU) to Underperform

JetBlue Announces Fourth Quarter and Full Year Results

January 26, 2017 7:30 AM EST

NEW YORK--(BUSINESS WIRE)-- JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the fourth quarter 2016 and the full year 2016:

Operating income of $296 million in the fourth quarter and $1.3 billion for the full year, a decline of 10.4% from the fourth quarter of 2015 and a full year increase of 7.9% over 2015. Pre-tax income of $274 million in the fourth quarter and $1.2 billion for 2016, a decrease of 9.6% from the fourth quarter of 2015 and a full year increase of 10.8% over 2015. Fourth quarter net income... More