TWFirst
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Posts: 5752
Joined: Wed Apr 19, 2000 5:30 am

CO 4Q Results -$109 Mil. Loss, FY02 -$451 Mil.

Thu Jan 16, 2003 1:25 am

Continental posted its 4th quarter results today, as well as its fiscal '02 year-end results. It's net loss in the 4th quarter was $109 million, much better than analyst's predictions, and much better than 4Q '01 results. Its year-end losses were $451 million, but that included well over $200 million of special charges. Here is the link to the full post:

http://www.continental.com/vendors/default.asp?&SID=2AAE281578814AF6803872D9B042BE30&s=&i=http%3A%2F%2Fir%2Ethomsonfn%2Ecom%2FInvestorRelations%2FPubNewsStory%2Easpx%3Fpartner%3DMzg0TkRnMU1RPT1QJFkEQUALSTO%26product%3DMzgwU1ZJPVAkWQEQUALSTOEQUALSTO%26storyId%3D79174

Comparatively, CO continues to do quite well. But again, that's COMPARATIVELY.
An unexamined life isn't worth living.
 
TWFirst
Topic Author
Posts: 5752
Joined: Wed Apr 19, 2000 5:30 am

RE: CO 4Q Results -$109 Mil. Loss, FY02 -$451 Mil.

Thu Jan 16, 2003 1:27 am

Oops, I lied. The special charges totaled $161 million for the full year, not over $200 million.
An unexamined life isn't worth living.