Airline Financial novels 04-22-2002 Continental Los Sparks Mixed Wall road Reactions Volume: 20 Number: 16 ISSN: 10405410 Publication Date: 04-22-2002 Page: 1 Type: Periodical Language: English A disclosure from Continental Airlines (CAL) on April 15 that it forfeited $1.


Airline Financial novels

04-22-2002

Continental Los Sparks Mixed Wall road Reactions

Volume: 20
Number: 16
ISSN: 10405410
Publication Date: 04-22-2002
Page: 1
Type: Periodical
Language: English

A disclosure from Continental Airlines (CAL) on April 15 that it forfeited $1.79 a share in the first quarter from operations sparked mixed reactions forward Wall Street, with some analysts paring back next to the first quarter earnings estimates and others maintaining a corrupt or Strong Buy recommendation.

Continental emphasized that despite a filled quarter loss, it recorded positive pre-tax income of $25 million in March,



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