JetBlue Airways (JBLU) Misses Q3 EPS by 1c

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JetBlue Announces Third Quarter 2018 Results

October 23, 2018 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- JetBlue Airways Corporation (NASDAQ: JBLU) today reported its results for the third quarter 2018:

Reported diluted earnings per share of $0.16, inclusive of $112 million in one-time costs related to the E190 fleet transition and the recently-signed pilot contract. Excluding these costs, adjusted diluted earnings per share of $0.43(1). This compares to JetBlues third quarter 2017 diluted earnings per share of $0.55. GAAP pre-tax income of $68 million. Excluding the one-time costs, adjusted pre-tax income of $180 million(1), a decrease of 39.5% from the third quarter of 2017.... More