Overseas Shipholding Group, Inc. (OSG) reported third quarter net loss attributable to Overseas Shipholding of $19.62 million or $0.73 per share, compared to net profit attributable to Overseas Shipholding of $197.84 million or $6.69 per share last year.
On average, 13 analysts polled by Thomson Reuters expected the company to report loss of $1.08 per share. Analysts' estimates typically exclude special items.
Revenues declined to $243.58 million from $472.67 million in the same quarter last year. Eight analysts estimated revenues of $232.25 million.
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