Is this being interpreted to mean $120M in losses? I just assumed that they missed their profit EXPECTATION by $120M, but that doesn't necessarily mean that they lost $120M, or even necessarily that they lost anything at all aside from POTENTIAL profits.
Is this being interpreted to mean $120M in losses? I just assumed that they missed their profit EXPECTATION by $120M, but that doesn't necessarily mean that they lost $120M, or even necessarily that they lost anything at all aside from POTENTIAL profits.
Either way, that's a big oof and way off target.