Before the market open on Thursday, JetBlue reported earnings of 56 cents per share, higher than analysts' forecasts for earnings of 51 cents a share.
Revenue of $1.6 billion topped analysts' forecasts for revenue of $1.58 billion.
The airline said it expects capacity to rise between 14% and 16% during the first quarter of 2016. JetBlue's operating expense per available seat mile is projected to be flat or fall by 2% year-over-year.
However, the company's guidance did not include the impact of Winter Storm Jonas, which caused more than 900 flight cancellations last week, JetBlue said in a statement.
JetBlue stock is down 5.88% to $20 in mid-morning trading on Thursday.
Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rates this stock as a "buy" with a ratings score of A. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, expanding profit margins, good cash flow from operations and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
You can view the full analysis from the report here: JBLU