Wondering about AbitibiBowater's first quarterly results?

Wondering how AbitibiBowater did in their first quarter of 2010? And why you haven't see the results yet?

AbitibiBowater filed a Form NT 10-Q today - a filing that is used as notification if a company will not be able to report their earnings before the deadline.

In this case, AbitibiBowater's first quarter ended on March 31, 2010. The deadline to report is May 17, 2010.

AbitibiBowater said they will be late filing due to a "potential discrepancy with certain reported sales information in one of its reporting segments and related notes".

However, on the form, AbitibiBowater did estimate their first quarter's net earnings/loss.

"The Company expects to report a first quarter 2010 operating loss of approximately $110 million, which compares to an operating loss of approximately $24 million for the first quarter of 2009.

Source: AbitibiBowater