Teekay Tankers Ltd (TNK) Misses Q4 EPS by 9c, Comments on Market

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Go back to Teekay Tankers Ltd (TNK) Misses Q4 EPS by 9c, Comments on Market

Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2015 Results

February 18, 2016 6:45 AM EST

HAMILTON, BERMUDA -- (Marketwired) -- 02/18/16 -- Highlights

-- Reported fourth quarter 2015 adjusted net income attributable to shareholders(1) of $48.5 million, or $0.31 per share, compared to $18.6 million, or $0.21 per share, in the same period of the prior year. -- Reported fiscal year 2015 adjusted net income attributable to shareholders of $169.1 million, or $1.29 per share, compared to $33.9 million, or $0.39 per share, in the same period of the prior year. -- Generated fourth quarter 2015 free cash flow(2) of $74.0 million, or $0.48 per share, compared to $31.7 million, or $0.35 per share, in the same period of the prior year. -- Announced and implemented new variable dividend... More