Earnings Report: Continental Airlines (NYSE:CAL) Swings to Unexpected Profit
Continental Airlines (NYSE:CAL) reported Q4 EPS of {video_description}.03, ex-items, beating consensus estimates for a loss of {video_description}.07. Sales in the quarter fell 8.3% to .18 billion, and came in short of consensus estimates of .19 billion. Consolidated revenue passenger miles (RPMs) for the fourth quarter of 2009 increased 3.5% on a capacity (available seat mile, ASM) decrease of 0.6% year-over-year. Consolidated load factor was a fourth quarter record 82.0%, 3.3 points higher than the fourth quarter of …

