B727Driver
Well-known member
- Joined
- Jun 17, 2004
- Posts
- 273
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Not to throw water on the flame of enthusiasm here, but an eight cent loss vs an analyst prediction of a nickle profit is not what can be termed beating the street. Congratualtions to SWA for a good year.
And the stock still does hardly anything. Can someone explain this to me?
Have you got a source that says the operational profit expectation was a nickle?Excluding those, .08 vs. .05 did beat the streat as far as our operations go.
Have you got a source that says the operational profit expectation was a nickle?
The analysts were looking for a nickle bottom line profit. SWA delivered an 8 cent operational profit and an 8 cent bottom line loss.
Hey MO,
You keep throwing around the term GAAP accounting, but I don't think you actually know what it means. SWA actually lost money trying to get out from under upside down fuel hedging.