Teekay Corporation Q2 Income Drops
(RTTNews) - Teekay Corporation (TK) released a profit for second quarter that decreased from the same period last year
The company's earnings totaled $33.820 million, or $0.35 per share. This compares with $40.338 million, or $0.41 per share, in last year's second quarter.
Excluding items, Teekay Corporation reported adjusted earnings of $33.170 million or $0.36 per share for the period.
The company's revenue for the quarter fell 17.5% to $326.139 million from $395.400 million last year.
Teekay Corporation earnings at a glance (GAAP) :
-Earnings (Q2): $33.820 Mln. vs. $40.338 Mln. last year. -EPS (Q2): $0.35 vs. $0.41 last year. -Revenue (Q2): $326.139 Mln vs. $395.400 Mln last year.
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