What’s the relationship between this quarterly set-aside and actual earnings? Can they underfund and then boost it Q4?
Originally Posted by
Sunvox
Didn't look hard enough.
Found it on the 8k. $252 mil in profit sharing so far for 2018 as compared to $304 mil at the end of Q3 last year. Down $52 mil.
page 9 here:
https://www.sec.gov/Archives/edgar/d...018erex991.htm
Delta on the other hand is up $81 mil from $314 to $395 mil. What the heck??? I totally don't understand how we grow revenue and keep costs inline and increase profit, but our PS goes down while Delta grows rev less, has more cost increase, and sees PS go up.