Teekay Corporation Reports Q4 Earnings of $25.2 Million

Hamilton, Bermuda - Teekay Corporation Ltd. (TK) announced earnings of $25.2 million for its fourth quarter. The company, headquartered in Hamilton, Bermuda, reported earnings per share of 28 cents. Adjusted earnings, excluding non-recurring gains, came in at 19 cents per share.

In the quarter, Teekay generated revenue of $256.6 million, with adjusted revenue reaching $161.6 million. For the full year, the company reported a profit of $133.8 million, equivalent to $1.42 per share. Revenue for the year stood at $814.8 million.