Kelly began the call with analysts and reporters by bluntly stating We lost a billion dollars in the first quarter, leaning into the companys unadjusted loss rather than its net profit after one-time accounting items. Today American reported:net loss of $1.25 billion, or $1.97 a share, in the first quarter. Reporting by Sanjana Shivdas and Ankit Ajmera in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles. Why did this happen? Excluding federal payroll aid and other temporary items, American said it lost $4.32 per share.
Lost a lot of money in first quarter but accounted for it.
( z0 lose :ARG1 ( z1 money :quant ( z2 lot ) ) :concession-of ( z3 account :ARG1 z0 ) :time ( z4 quarter :ord ( z5 ordinal-entity :value 1 ) ) )
(z0 / lose-02
    :ARG1 (z1 / money
              :quant (z2 / lot))
    :concession-of (z3 / account-01
                       :ARG1 z0)
    :time (z4 / quarter
              :ord (z5 / ordinal-entity
                       :value 1)))
Lost a lot of money in first quarter but accounted for it .
z1 :quant z2
z0 :ARG1 z1
z5 :value 0
z4 :ord z5
z0 :time z4
z3 :ARG1 z0
z0 :concession-of z3