Monday, Tesoro Corp. (TSO) reported third quarter net income of $33 million or $0.24 per share compared to $259 million or $1.86 per share in the same quarter last year.
On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.01 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter declined to $4.7 billion from $8.7 billion in the comparable quarter last year. Analysts expected the company to report revenue of $4.71 billion for the quarter.
The company also said its board revised the quarterly cash dividend to $0.05 per share. The dividend is payable December 15, 2009 to shareholders of record as of December 1, 2009.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.