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Teekay Corp  (TK)
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EARNINGS REPORT by CSIMarket

fourth quarter Results hurt by impairment charges

Teekay Corp slips into red due to $182 million, in the fourth quarter 2019

Although company's Sales increased by 13.91 % from the same quarter a year ago to $1.95 billions in the fourth quarter 2019, Teekay Corp increased losses at $-3.08 loss per share.

Looking into results from previous quarter from $0 millions and from $0.00 per share.

For the fourth quarter 2019 Teekay Corp realized net loss of $-148.986 million, bigger than $-57.747 million a year ago.

An asset impairment charge, deprived company of $182 million in earnings, the main reason for company's loss in the fourth quarter 2019

Teekay Corp announced net loss of $-149 millions and Sales of $1.95 billions in the fiscal year 2019.

Net loss per share has widen to $-3.08 from $-0.79 in previous fiscal year, while Sales advanced by 13.91 % from $1.71 billions a year ago.

Teekay Corp is expected to report next financial results on October 28, 2020.


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Other TK's Earnings Reports

Teekay reported third quarter 2019 earnings

Teekay reported second quarter 2019 earnings

Teekay reported first quarter 2019 earnings

       
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