Teekay (TK) Tops Q4 EPS by 11c

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Teekay Corporation Reports Fourth Quarter and Annual 2018 Results

February 21, 2019 3:25 AM EST

Highlights

GAAP net loss attributable to shareholders of Teekay of $18.4 million, or $0.18 per share, and adjusted net loss attributable to shareholders of Teekay(1) of $2.0 million, or $0.02 per share (excluding items listed in Appendix A to this release), in the fourth quarter of 2018.GAAP income from vessel operations of $88.8 million and total cash flow from vessel operations(1) of $246.7 million in the fourth quarter of 2018.Since November 2018, Teekay LNG took delivery of three additional LNG carrier newbuildings, all on long-term charter contracts, and repurchased over 1.1 million common units at an... More