What's Going On With JetBlue, United and American Airlines Shares Friday?

JetBlue Airways Corporation JBLU, United Airlines Holdings, Inc. UAL and American Airlines Group, Inc. AAL shares are trading on Friday. Here’s what you need to know.

What To Know: Shares of airline companies are moving higher in sympathy with Delta Air Lines, Inc. DAL after the company posted strong 2024 fiscal-year fourth-quarter earnings.

Delta reported adjusted earnings per share of $1.85, beating analyst estimates of $1.76. In addition, the company reported sales of $14.37 billion, beating analyst estimates of $14.21 billion.

Total passenger revenue grew 5% year over year to $12.81 billion, while cargo revenue rose 32% to $249 million.

The airline reported that has of the end of the fourth quarter it has $16.2 billion in total debt and lease obligations.

The company posted guidance for the 2025 fiscal-year first-quarter. Delta expects revenue growth between 7% and 9% as well earnings per share between 70 cents and $1.00, versus analyst estimates of 83 cents. Delta anticipates 2025 fiscal-year earnings per share of at least $7.35, reflecting over 10% year-over-year growth.

The positive market reaction reflects possible expectations from investors that Delta’s success could indicate a wider industry rebound or improved performance for airlines, especially as the sector continues to recover from the pandemic.

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Price Action: At the time of writing, JetBlue stock is trading 3.18% higher at $7.94, United shares are trading 6.72% higher at $110.69, American shares are trading 4.09% higher at $18.30 and Delta stock is trading 11.0% higher at $68.20.

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