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Tsakos: 3Q Earnings Snapshot

ATHENS, Greece (AP) _ Tsakos Energy Navigation Ltd. (TNP) on Friday reported a loss of $14.6 million in its third quarter.

The Athens, Greece-based company said it had a loss of 28 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.

The oil and gas shipping company posted revenue of $126.5 million in the period. Its adjusted revenue was $92.6 million, also missing Street forecasts. Six analysts surveyed by Zacks expected $99.9 million.

The company's shares closed at $3.38. A year ago, they were trading at $4.14.


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