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Q4 and 2009 full year profits!

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Old Jan 28, 2010, 5:49 am
  #1  
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Q4 and 2009 full year profits!

Great news from jetBlue on the earnings front this morning.

http://investor.jetblue.com/phoenix....104&highlight=

  • Pre-tax income of $20 million in the fourth quarter. This compares to a pre-tax loss of $51 million in the year-ago period, which included a special charge of $53 million related to the valuation of JetBlue's auction rate securities.
  • For the full year 2009, JetBlue reported pre-tax income of $99 million. This compares to a pre-tax loss of $90 million for the full year 2008.
  • Net income for the fourth quarter was $11 million, or $0.04 per diluted share. This compares to JetBlue's fourth quarter 2008 net loss of $58 million, or $0.25 per diluted share.
  • For the full year 2009, JetBlue reported net income of $58 million, or $0.20 per diluted share. This compares to a net loss of $85 million, or $0.37 per diluted share, for the full year 2008.
There is a conf call at 10am EST; link above gets you into a webcast of the event to listen.
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Old Jan 29, 2010, 10:38 pm
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Dave Barger on CNBC following the call:

http://www.cnbc.com/id/15840232?video=1398606676&play=1
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