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GasLog: 2Q Earnings Snapshot

MONACO (AP) _ GasLog LP (GLOG) on Thursday reported a loss of $3.6 million in its second quarter.

On a per-share basis, the company said it had a loss of 8 cents. Losses, adjusted for one-time items, came to 7 cents per share.

The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The operator of carriers for natural gas shipping posted revenue of $132.8 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $143.4 million.

GasLog shares have decreased 24 percent since the beginning of the year. The stock has declined 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLOG at https://www.zacks.com/ap/GLOG