Originally Posted by
firstmob
Any word on 3Q earning?
<Put pinky finger to corner of mouth> The earnings will be.......ONE MILLION DOLLARS!
Seriously they said to analysts that they would have a 10-11% operating margin. On a revenue base of about $9.5 billion per quarter that would mean an operating profit of around $1 billion. Take out $250 million for interest and other items and you get to around $750 million pretax profit for the quarter. There will most likely be additional profit from fuel hedges and additional writeoffs for the early retirement programs.