The company also said it would report a first-quarter loss from operations of more than $1.7 million.

As a result, Dynegy was able to report $300 million in additional cash flow from operations.

Notwithstanding that loss, the company reported a small positive cash flow from operations for the quarter.

Analysts had expected the company to report profit from operations of 31 cents a share.

Northwest reported a $2.6 billion loss for 2005 - $1.4 billion of it from operations.

Delta reported a $3.8 billion loss for the year - $2.2 billion of it from operations.

Earlier, the company reported nine-month earnings from continuing operations of almost $4.1 million.

For that period, the company had reported a 13 percent increase in cash flow from continuing operations.

In 1988 the company reported earnings from continuing operations of $2 a share.

Computer Sciences reported earnings from operations of $2.83 a share in fiscal 2004.