The first quarter loss would have been $436 million, excluding one-time accounting changes and government payroll support payments. Southwests first-quarter earnings - $116 million, or 19 cents a share  were small by its normal standards. Today American reported:net loss of $1.25 billion, or $1.97 a share, in the first quarter. Why did this happen? Excluding items, the Dallas-based company reported a net loss of $1.02 billion, or $1.72 per share, in the first quarter ended March 31, compared with a net loss of $77 million, or 15 cents per share, a year earlier.
According to an AP, in the first quarter the loss was estimated at $ 326 million.
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According to an AP , in the first quarter the loss was estimated at $ 326 million .
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