Teekay: 3Q Earnings Snapshot
Teekay: 3Q Earnings Snapshot
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HAMILTON, Bermuda (AP) _ Teekay Corp. (TK) on Thursday reported a loss of $12 million in its third quarter.
The Hamilton, Bermuda-based company said it had a loss of 12 cents per share. Losses, adjusted for one-time gains and costs, were 11 cents per share.
The oil and gas shipping company posted revenue of $416.6 million in the period. Its adjusted revenue was $325.7 million.
Teekay shares have fallen 33 percent since the beginning of the year. The stock has dropped 26 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TK at https://www.zacks.com/ap/TK
