• Analysts predict an EPS of -$0.42 and revenue of $2.24 billion for the fourth quarter of 2024.
• JetBlue is expected to benefit from strong air-travel demand and improved connectivity, with a potential to exceed earnings estimates.
• Financial metrics indicate a challenging situation with a negative P/E ratio of -3.28 and a high debt-to-equity ratio of 3.34.

JetBlue Airways Corporation, listed on the NASDAQ:JBLU, is preparing to release its quarterly earnings on January 28, 2025. Analysts predict an earnings per share (EPS) of -$0.42, with revenue expected to be around $2.24 billion. The report will be available before the market opens, potentially impacting the stock's performance.

JetBlue is anticipated to benefit from strong air-travel demand and improved connectivity, which may positively influence its fourth-quarter 2024 performance. The Zacks Consensus Estimate forecasts a loss of $0.33 per share, an improvement from the previous estimate of $0.42. JetBlue has a history of exceeding earnings expectations, with an average surprise of 62.8% over the last four quarters.

Despite a projected year-over-year decline in earnings and lower revenues, JetBlue is expected to surpass earnings estimates. The upcoming earnings report could affect the stock price, with potential upward movement if results exceed expectations. Conversely, a miss could lead to a decline. Management's discussion during the earnings call will be crucial for assessing future earnings expectations.

JetBlue's financial metrics reveal a challenging situation. The company has a negative P/E ratio of -3.28, indicating negative earnings over the past year. The price-to-sales ratio is 0.30, meaning investors pay 30 cents for every dollar of sales. The enterprise value to sales ratio is 0.97, reflecting the company's valuation relative to its revenue.

The enterprise value to operating cash flow ratio is notably high at 120.62, suggesting a high valuation compared to cash flow. The earnings yield is -30.51%, highlighting negative earnings. JetBlue's debt-to-equity ratio is 3.34, indicating significant debt compared to equity. However, the current ratio of 1.21 suggests reasonable liquidity to cover short-term liabilities.