How its worded
The way it reads is that instead of making 60 million they actually lost 40. So they got it wrong by 100 million? How can you possibly screw up that much? Maybe they only made 20 million but advertiesed it as a 40 million loss in projected earnings? Accountants can make anything a profit or a loss these days.
I just find it hard to believe that they could get it so wrong. Fuel only spiked 6 weeks ago. What on earth were they doing for the last 11 months?