Teekay Q3 Loss Widens - Quick Facts

(RTTNews) - Teekay Corp. (TK) posted third-quarter GAAP net loss attributable to stockholders of $49.1 million, or $0.69 per share, versus a loss of $20.3 million, or $0.29 per share, in the prior year. Adjusted net loss attributable to Teekay's stockholders was $36.01 million, or $0.51 per share, for the quarter ended September 30, 2013. On average, 9 analysts polled by Thomson Reuters expected loss per share of $0.65 for the quarter. Analysts' estimates typically exclude one-time items.

For the period, net revenues, a non-GAAP financial measure, were $426.8 million, compared with $440.0 million a year earlier. Six analysts estimated revenues of $410.14 million for the quarter.